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Gustave
Gustave is a 58-year-old man and a father with a family. He has a business raising livestock (he purchases chicks, raises them, and then sells them). His business is doing wonderfully, but his capital is not high, so he is always compelled to wait and fully raise his stock, which he sells, before he purchases new chicks again. Thus, the day-to-day shortage leads to dissatisfied customers, repeatedly.

Gustave is requesting this loan to purchase large quantities of chicks, and also some feed, enabling him not only to satisfy his already-growing customer base but also to make a larger profit. The profits this loan will bring in will help him to expand his business (increase the number of chicks) and also to meet the everyday needs of his family.
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Gustave est un homme de 58 ans, père de famille . Il exerce une activité d'élévage (il achète les poussins, les élève ensuite revend) son activté fonctionne à merveille mais son capital n'est pas élévé alors, il est obligé à chaque fois d'attendre que le stock acheté pour élever grandisse, qu'il le vend avant de racheter de nouveaux poussins d'où la rupture de stock quotidienne qui cause l'insatisfaction de sa clientèle tout le temps. il sollicite ce crédit pour acheter en grande quantité des poussins et aussi la provende ce qui lui permettra non seulement de satisfaire sa clientèle déjà grandissante mais aussi de réaliser un plus gros profit. Le benéfice que lui apportera ce crédit l'aidera à agrandir son activité( augmenter le nombre de poussins) et aussi à subvenir aux besoins quotidiens de sa famille.

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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,188,150
    Funds lent in using Kiva
  • 505.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Gustave to purchase 200 chicks and some feed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013