Françis Khan is a young 25-year-old man who runs a bakery in a district of town and has been making and selling doughnuts for one year. He employs 3 people for his business. He would like to use this loan to buy 7 bags of flour so that he can increase his production capacity. His ambition is to save enough to be able to buy a dough kneading machine.
Françis Khan est un jeune homme âgé de 25 ans qui a comme activité une boulangerie traditionnelle dans laquelle il fabrique et vend des beignets depuis 01 an seulement dans un quartier de la ville. il emploie 03 personnes dans son entreprises. il voudrait avec ce crédit acheter 07 sacs de farine afin de renforcer sa capacité de production. il a pour ambition d'économiser pour s'acheter une machine à pétrir.
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.