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Linus Raymond
Linus Raymond is a man of 35 years, single, and without children. He is the owner of a take away business in a local part of town, which he has been managing for the last two years.

With this loan he would like to buy drinks to increase his stock in order to better satisfy his customers.

He hopes to save up to open a larger take away shop.
View original language description ↓
Linus Raymond est un homme âgé de 35 ans, célibataire et sans enfant. comme activité il est propriétaire d'une vente à emporter qu'il gère depuis 02 ans dans un quartier de la ville. il voudrait avec ce crédit acheter de la boisson pour renforcer son stock afin de mieux satisfaire sa clientèle. il a pour ambition d'économiser pour ouvrir une grande vente à emporter.

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
  • 506.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Linus Raymond to buy drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2014