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Serge Bruno
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)

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
  • $1,168,400
    Funds lent in using Kiva
  • 485.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Serge Bruno to buy ingredients with which to make doughnuts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013