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Michel Emmanuel
Michel is a 52-year-old man from Cameroon. He is single and the father of some children. He owns and runs a small shop in one of his city's neighborhoods, and he has been selling timber for three years. He is requesting this loan to strengthen his stock of merchandise and raw materials through the purchase of wood and wood boards.

Michel will reinvest his profits in his activity in order to expand it. He will also use them to meet his family's needs.
View original language description ↓
michel est un camerounais de 52 ans, célibataire et père d'enfants. Il possède et gère un mini magasin de vente de bois dans un quartier de la ville depuis 3 ans. il sollicite ce crédit pour renforcer son stock de marchandises et de matières premières en achetant du bois et des planches à bois.les bénéfices générés seront injecté dans son activité pour l'expansion d'une part et subviendront aux besoins 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    Funds lent in using Kiva
  • 508.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Michel Emmanuel to buy raw materials (wood and wood boards).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014