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Gaston is 49 years old, married, and has three children. He has owned and run a chair-making workshop in the town for the past 20 years. He would like to use the loan he has requested to buy raw materials (wood, foam, screws and glue) to increase his sales and profits. The profits he makes will allow him to take care of his family and expand his business.
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Gaston est un homme de 49 ans, marié et père de 3 enfants. il possède et gère un atelier de fabrication de chaises dans un coin de la ville depuis 20 ans. Avec le crédit sollicite, il désire acheter du matériel de travail (bois, mousse, vis, colle à bois) pour augmenter ses ventes et par la suite réaliser son profit. Les bénéfices générés vont permettre de s'occuper des sa famille d'une part, et d'agrandir son activité d'autre part.

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
  • 2
    View loans »
    Cameroon Loans Fundraising
  • $1,191,350
    Funds lent in using Kiva
  • 497.3
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Gaston to buy raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 7, 2012
Dec 22, 2012
Currency Exchange Loss:
Feb 17, 2014