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Jean Rene
Jean is a 41-year old man from Cameroon. He is married and father to five children, the eldest of whom is 14 years old and the youngest eight months. Jean has mainly been selling hygienic drinks for the past three years, but as his stock of goods has fallen he would like to buy more hygienic drinks so that he can boost it again and also buy some food products so that he can diversify his business and increase his profits. The profits he makes will be reinvested in his business and will also enable him to ensure his family's well-being.
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Jean est un homme camerounais de 41 ans.Marié et père de 05 enfants dont le plus âgé a 14 ans et le moins âgé 08 mois, Jean fait essentiellement dans la vente de boissons hygiéniques depuis 03 ans.son stock de marchandise étant moindre, Jean souhaite acheter les boissons hygiéniques afin de renforcer son stocks et également quelques produits alimentaires afin de diversifier ses activités et augmenter ses bénéfices. les bénéfices obtenus seront réinjectés dans l'activité et lui permettront également d'assurer le bien être de sa 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

  • $2,421
    Average annual income
  • 1
    View loans »
    Cameroon Loans Fundraising
  • $1,161,000
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Jean Rene to buy hygienic drinks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014