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Thiery Albert
Thiery Albert is a young Cameroonian of 35 years old. He is engaged to be married, and is the father of four children. He runs his business selling food in a district of the city. As he has been running his business for only nine months, he has not built up the traffic he hopes to eventually generate.

Thiery Albert wants to use this loan to buy cartons of soap in cakes and sachets, cartons of sardines, bottled drinks, and refined oil. This will increase his stock of merchandise, which will in turn increase his sales and income. He plans to reinvest the income he earns into his business so that it will continue to grow.
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Thiery Albert est un jeune Camerounais âgé de 35 ans, fiancé et père de 04 enfants. comme activité, il dispose d'une alimentation depuis 09 mois seulement dans un quartier de la ville. sa jeune activité est encore très peu achalandée. il voudrait ainsi avec ce crédit acheter des cartons de savons en morceau et en sachet, des cartons de sardines, de la boisson et de l'huile raffinée pour renforcer son stock de marchandise, d'où les ventes également. il compte réinvestir les revenus générés dans son activité pour la faire grandir

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
  • $1,173,050
    Funds lent in using Kiva
  • 505.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Thiery Albert to purchase merchandise that he will resell in his shop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014