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Georges Duplex
George is a 30-year-old man, father of two children. He has been performing this activity for the past seven years: he owns and manages a mini-garage where he sells and repairs tires in one of the city's neighborhoods.

He is requesting a credit loan to buy merchandise (tires and inner tubes) to increase his inventory level, and in turn increase his turnover and profits.

The generated profits will be reinvested in his business and the remainder used to meet his family's needs (children's education, nutrition and health).
View original language description ↓
Georges est un homme de 30 ans et père de 02 enfants. Activité présente depuis 7 ans, il possède et gère un mini garage où il vend des pneus et répare les pneus dans un quartier de la ville. il sollicite le crédit pour acheter des marchandises (pneus et chambre à air) pour augmenter son niveau de stock et afin d'accroître son chiffre d'affaire 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
  • 503.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Georges Duplex buy merchandise.
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:
Apr 17, 2014