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Merime
Merime is a 25-year-old single man from Cameroon. For the past 11 years, he has been running a small shop in a district of Douala where he sells household and kitchen items. His skill and enthusiasm have helped him to build a solid customer base whose needs he can no longer meet.

This loan will help him to stock up on merchandise such as plates, bowls, buckets, glasses, portable gas stoves, etc.

Merime plans to use the profits earned with this loan to open another store elsewhere in the city to better meet customer demand. He would also like to start a family.
Merime est un jeune camerounais de 25 ans célibataire. il détient une petite boutique depuis 11 ans dans un quartier de douala où il vend des articles de ménage et de cuisine. Grâce à son dynamisme et sa compétence dans ce domaine, il s'est fait une clientèle grandissante qu'il n'arrive plus à satisfaire. Ce crédit lui permettra d'augmenter son stock de marchandises ( achat des plats, des bassines, des seaux, des verres, des rechauds à gaz). Avec les bénéfices générés, Merime compte ouvrir une autre petite boutique dans un autre coin de la ville pour satisfaire la demande et être plus proche de sa clientèle. il compte aussi fonder une 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
  • $1,184,725
    Funds lent in using Kiva
  • 513.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Merime to stock up on household and kitchen items for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013