Serge is a 31-year-old man who is married and the father of 2 children. He has been selling doughnuts in a district of town for a year. He is requesting this loan so that he can buy ingredients (flour, sugar, yeast, doughnut trimmings) in order to raise his moderate inventory level and increase his sales and profits. Some of the profit generated will be reinvested in his business and the rest will be used to satisfy his family's needs (his children's education, food and healthcare).
Serge est un homme de 31 ans, marié et père de 2 enfants. Actif depuis 01 an, il vend des beignets dans un quartier de la ville. Il sollicite le crédit pour acheter des matières premières (farine, sucre, levure, accessoires des beignets)pour augmenter son niveau de stock qui est moyen et afin d'accroître son chiffre d'affaires ainsi que son profit. le profit dégagé sera utilisé pour réinvestir dans son activité et le reste pour satisfaire aux besoins de sa famille (éducation de ses enfants, nutrition et santé)
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.