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Aude Joel
Aude is a single man who is 32 years old. Active since three years, he sells fritters in one of the city's neighborhoods.

He is requesting the credit loan to buy raw materials (flour, sugar, yeast, accessories for fritters) to increase his currently medium stock level, so that in turn he can increase his turnover and his profits.

The profits generated will be reinvested in his business (freezer, oven, mill) and the remainder used to meet his family's needs (housing, nutrition and health).
View original language description ↓
Aude est un homme de 32 ans, célibataire. Actif depuis 03 ans, 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 (congélateur, four, laminoir) et le reste pour satisfaire aux besoins de sa famille (logement, 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
  • $1,161,000
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Aude Joel buy raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014