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Jean Martial
Jean Martial is a single man of 21 with no children, though he is raising his younger sister. For one year, he has been a merchant in a market in the capital where he has opened a little clothing boutique. His business is going well, but because his working capital is so meager,.he has been obliged every weekend to go to where shipments are unpacked, hunting for something to sell. That is why he has requested this loan to permit him to buy a bale of pullovers and some mannequins to display them on. This will not only increase his sales but also his profit, which will be partly reinvested to grow his business and partly used to help him cover his needs and the needs of his little sister.
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jean Martial est un homme célibataire de 21 ans sans enfant, mais il a à sa charge sa soeur cadette. Il est commercant dans un amrché de la capitale depuis 1 an où il a ouvert une petite boutique de vêtements. Son activté fonctionne bien mais il est obligé à cause de la petitesse de son capital d'aller au déballage chaque week end pour avoir de quoi vendre. C'est pour celà qu'il sollicte ce crédit qui lui permettra de s'acheter un ballot de pull-over et des manequins pour exposition. Ceci augmentera non seulement ses ventes mais aussi ses bénéfices. bénéfices qui seront en partie réinvestis dans san activté pour l'agrandir et le reste l'aidera à subvenir à ses besoins ainsi que ceux de sa soeur cadette.

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
  • $1,164,075
    Funds lent in using Kiva
  • 493.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Jean Martial to buy a bale of pullovers and some display mannequins.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014