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Bernard is a 32-year old man, single and the father of a 3-year old child. He has a men’s hair salon that he has been managing for 10 years. Thanks to his friendly welcome and his good community relations, he has been able to build up a strong customer base that includes some businessmen. To respond [to demand], he would like to receive this loan in order to increase his stock of cosmetic products so that to increase his sales volume and consequently, his profits. He will reinvest a part of the revenues in further growth of his business, and the rest will allow him to provide for the needs of his child (education and food) and his family.
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Bernard est jeune homme de 32 ans, célibataire avec un enfant âgé de 3 ans. Il a ouvert un petit salon de coiffure pour hommes qu'il gère depuis 10 ans. Grâce à son accueil chaleureux et son rapport avec son voisinage, il a pu acquerir une très forte clientèle dont des hommes d'affaires. Afin de palier à ce problème,, il voudrait ce crédit afin d'augmenter son stock de produits cosmétiques pour augmenter ses ventes et par conséquent ses bénéfices. Il réinvestira une partie de ce bénéfice dans son activité pour agrandissement et le reste lui permettra de subvenir aux besoins de son enfant (éducation et nutrition) et 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
  • $1,192,800
    Funds lent in using Kiva
  • 515.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Bernard to buy materials and merchandise [cosmetic products for his hair salon].
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 22, 2012
Nov 15, 2012
Currency Exchange Loss:
Dec 17, 2013