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Yannick
Yannick is a young Cameroonian who is 26 years of age. He is a bachelor who has been running his business selling shoes in a district of the city for the past two years. Despite his limited experience, Yannick's client portfolio is growing.

He plans to use this loan to purchase shoes and increase his stock of merchandise. This will allow him to better meet the needs of his customers, which will consequently increase his earnings. Yannick is planning to save his income so that he can take a wife and start a family.
View original language description ↓
Yannick est un jeune Camerounais âgé de 26 ans, célibataire qui mène comme activité la vente des chaussures dans un quartier de la ville depuis deux ans déjà. Malgré sa jeune expérience dans le domaine, son portefeuille clientèle est plutôt grandissant. il voudrait ce crédit pour acheter chaussures pour renforcer son stock de marchandise afin de mieux répondre aux besoins de sa clientèle. ce qui va augmenter son chiffre d'affaire et par conséquent ses revenus. il voudrait faire des économies pour prendre une épouse afin de fonder une famille.

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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Yannick to purchase merchandise for his shoe store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2014