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Aime
Aime is a 22 year old young man who has started a business selling decorative goods and children's toys. He has been selling mainly cuddly toys in a local neighbourhood for almost a year. Given the high demand from his customers, he is requesting a loan in order to increase his stock levels and to avoid potential stock shortages. This loan will allow him to better satisfy his customers.
With the profits, Aime has plans to grow his business and also to contribute to his family's living expenses.
View original language description ↓
Aime est un jeune homme de 22 ans qui s'est lancé dans la commercialisation des produits décoratifs et jouets pour enfants. il vend principalement les nounous dans un quartier de la place depuis près d'un an.mais compte tenu de la forte demande de ses clients,il sollicite donc un credit afin d'augmenter son stock de marchandises et eviter les éventuelles ruptures de stock. ce credit lui permettra de satisfaire davantage ses clients. avec les bénéfices générés,Aimé a pour projet d'étendre son activité et subvenir aux besoins de sa famille également.

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
  • $1,173,050
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Aime to increase his stock of merchandise (cuddly toys).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 1, 2013
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014