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Salifou
Salifou is a young 23-year-old Cameroonian. He is single and the father of a 7-month-old child. He has one additional dependent.

He has been selling shoes in a market in the city for a year. With this loan, he would like to buy shoes in order to increase his inventory and open a second point of sale. This will allow him to increase his sales and to have a little more income.

He would like to save money so that he can plan a wedding with the mother of his child.
View original language description ↓
Salifou est un jeune Camerounais âgé de 23 ans, célibataire et père d'un enfant âgé de sept mois. il a une autre personne en plus à sa charge. Il mène comme activité la vente de chaussures dans un marché de la ville depuis 01 an déjà. avec ce crédit, il voudrait acheter des chaussures afin de renforcer son stock de marchandises dans le but d'ouvrir un second point de vente. ce qui lui permettra de vendre davantage et d'avoir un peu plus de bénéfice. il voudrait faire des économies pour organiser son mariage avec la mère de son enfant.

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
  • 514.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Salifou to buy shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013