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Saamuel
Samuel is a 33-year-old man. He is engaged and has two children, ages 4 years and 11 months. The eldest is in school. Samuel has a mini grocery store (a small general store) where he sells breakfasts, candy, and small basic staples. He has had this business for eight years. He acquires and maintains loyal customers because of his extensive experience in the food sales business. He is requesting a loan to increase his stock (3 cartons of sardines, 10 cartons of eggs, boxes of sugar, spaghetti, oil) in order to better satisfy his increasing customer base. This will allow him to increase his profit, which will help him to expand his business and buy more products. This way, he will be able to provide for himself and his family.
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Samuel est un homme de 33 ans, fiancé père de deux enfants de 11 mois et 04 ans. l'un va à l'ecole. Il a une alimentation (petit commerce general)dans laquelle il commercialise le petit déjeuné , les friandises, et les petits produits de première necessité dans un quartier de la place. Il gere cette alimentation depuis 8 deja. Il a aquise et fidelise une clientele grace a sa bonne experience dans ce domaine de commercialisation de produit de consommation courante. Il sollicite ce credit pour augmenter son stock de marchandise(3 cartons de sardine, 10 alvéoles d'oeufs, cartons de sucre, de spaggetti, d'huile), afin de mieux satisfaire sa clientele de plus en plus grandissante. Ceci lui permettra d'augmenter ses benefices qui l'aideront a grandir son activite en achetant plus de produits et en subvenant a ces besoins et ceux 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
  • $1,180,425
    Funds lent in using Kiva
  • 505.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Saamuel to increase his stock of basic staples (3 cartons of sardines, 10 cartons of eggs, boxes of sugar, spaghetti, oil).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013