Check out some available loans that are similar to this one!
Serge Paulin
Serge is a young man from Cameroun; 32 years old, single, without children. He started a business making and selling doughnuts in a corner of town a year ago. He would like to grow his sales to meet his customers' demand, thus building a large customer base. With the proceeds of this loan, he would like to purchase three trolleys, three ice boxes and three doughnut fryers in order to handle his production, which he hopes to multiply by three.
The extra profits will allow him to more easily cover the family's needs.
View original language description ↓
Serge est un jeune camerounais de 32 ans, célibataire, sans enfant. Il mène une activité de production et vente des beignets dans coin de la ville depuis 1 an déjà. il voudrait accroître ses ventes pour satisfaire les demandes de sa clientèle et constituer de ce fait un portefeuille clientèle considérable. Il voudrait avec ce crédit acheter 03 pousse-pousse, 3 glacières et 3 casse à beignets pour pouvoir écouler sa production qu'il compte tripler. les bénéfices supplémentaires lui permettront de mieux subvenir aux besoins de sa famille.

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
  • $1,180,425
    Funds lent in using Kiva
  • 496.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Serge Paulin to purchase equipment.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013