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Joseph
Joseph is a 43-year old man and father to six children, all dependents. In order to provide for his family's needs he began selling alcoholic and non-alcoholic drinks in a district of the town almost six years ago. His business is developing well, but he would like to expand it and is thus requesting a loan from us. All the profits he makes will enable this customer to improve his family's living conditions and if possible to build up his business.
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joseph est un homme de 43 ans et père de 06 enfants dont il en à l&a charge.pour subvenir au besoin de sa famille,ilo s'est lancé dans la commercialisation des boissons alcoolisées et non alcooliséés dans un quartier de la place depuis près de 06 ans.son commerce évolue bien,mais il voudrait agrandir son activité,et sollicite pour cela un credit chez nous.les bénéfices obtenus permettront à ce client d'améliorer les conditions de vie de sa famille et d'étendre si possible son activité.

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
  • 504.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Joseph to increase his stock of drinks, by on average around ten crates of drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2014