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Yannick
Yannick is a young Cameroonian of 25 years old. He runs a business selling clothes and hats in a district of the city, where he has been working for the past year. He buys his merchandise in Douala at retail from sellers there.

Yannick wants to use this loan to buy a bundle of jeans. This will not only expand his stock of goods, but will also increase his client portfolio as retailers will be able to buy their supplies from him. Yannick's ambition is to open his own shop selling ready to wear clothing.
View original language description ↓
Yannick est un jeune camerounais âgé de 25 ans qui mène comme activité la vente des vêtements et ces chapeaux dans un quartier de la ville depuis 01 an environ.il s'approvisionne à Douala en détails auprès des revendeurs. il voudrait ainsi avec ce crédit acheter un ballot de jeans non seulement pour renforcer son stock de marchandises, mais aussi pour accroître son portefeuille clientèle car les détaillants pourront également s'approvisionner auprès de lui.
il a comme ambition pour son activité d'ouvrir un grand prêt à porter

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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,168,400
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Yannick to purchase a bundle of jeans for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Nov 28, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014