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Nihla
Nihla is a young Cameroonian aged 33, cohabitating with a woman, and has two children aged 4 and 3. As a business, he has owned a small shop selling wood for one and a half years in a neighbourhood of the city. With this loan, he would like to buy 250 boards of wood and 250 planks in order to increase his stock of merchandise. With the profits, he would like to improve his professional situation and provide for his family, especially with regards to the education of his two children.
Nihla est un jeune camerounais âgé de 33 ans, vivant en concubinage avec une femme et a deux enfants de 4 et 3 ans. Comme activité, il possède un petit dépôt de bois depuis 1 an et demi dans un quartier de la ville. Il voudrait avec ce crédit acheter 250 lattes de bois et 250 planches afin d'augmenter son stock de marchandises. Il voudrait avec le bénéfice réalisé améliorer sa situation professionnelle et soutenir les conditions de vie de sa famille notamment subvenir à l'éducation de ses deux enfants.

Additional Information

More information about this loan

This loan is part of ACEP Cameroun's new loan program targeting poor clients who require smaller loans thant ACEP normally disburses. The smaller loan size allows clients with micro-enterprises to borrow and repay the funds they need to grow. By supporting this loan, you are expanding financial access to entrepreneurs with very little starting capital, including many who have never taken out a loan.

About ACEP Cameroun

Agence de Crédit pour l’Entreprise Privée (ACEP) is Kiva's second Field Partner in Cameroon. Founded in 1999, ACEP has developed a strong lending methodology to serve entrepreneurs in Cameroon's urban centers such as Douala and Yaounde.

About Cameroon

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,161,000
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Nihla to buy boards of wood.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013