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Pierre Clotaire
Pierre is a young man, 34 years of age, single and the father of a one-year-old child. After his professional training, he opened a hair salon that he has already been managing for eight years. He often encounters problems due to a lack of cosmetic products, equipment and furniture in his salon because he buys everything retail. With the goal of satisfying his clients and making a big profit, he is asking for a loan in order to buy his materials in large quantities. This will allow him to meet his objectives. The profits from this loan will help him to satisfy his own needs, those of his family and also to save in order to grow his business in the future.
Pierre est un jeune homme de 34 ans célibataire, père d'un enfant âgé d'un an. Après sa formation, il aouvert un salon de coiffure qu'il gère depuis 8 ans déjà. Il a souvent un problème du a l'absence de produits cosmétiques, appareils, et mobilier dans son institut parce qu'elle achète ses produits en détail. Son but étant de satisfaire sa clientèle et de réaliser un grand bénéfice.Il sollicite un crédit pour pouvoir acheter son matériel en grande quantité celui qui permettra d'atteindre ses objectifs. Le bénéfice tiré de ce crédit l'aidera a satisfaire ses besoins, ceux de sa famille, aussi d'épargner pour accroitre son activité dans le futur.

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
  • $1,184,725
    Funds lent in using Kiva
  • 504.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Pierre Clotaire to buy hair trimmers, cosmetic products and furniture.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Dec 17, 2012
Currency Exchange Loss:
Nov 17, 2013