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Janvier
Janvier is a 26-year-old man, who is married and the father of one child.

Ten years ago he opened a laundry, which he has been running since then. His business is going well, but in order to provide a faster delivery service and to better satisfy his customers, he is requesting a loan from us, in the amount of 250,000 CFA francs.

He will use this loan to buy a new washing machine.

Profits from Janvier's loan will be reinvested in part in his activity, while the rest will allow him to leave his parents' house.
View original language description ↓
janvier est un homme de 26 marié, père d'un enfant. Il a ouvert et gère une blanchisserie depuis 10 ans. Elle fonctionne normalement mais pour aller plus vite dans ses livraisons et pour mieux satisfaite sa clientèle, il nous sollicite pour la mise en place d'u_n crédit d'un montant de 250.000FCFa pour s'acheter une nouvelle machine à laver. Le bénéfice que lui apoortera ce crédit sera en partie réinvesti dans son activité et le reste lui permettra de quitter la mainson familiale.

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
  • 508.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Janvier to buy a washing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 13, 2014