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Alexandre
Alexandre is 37 years old. He is engaged to be married and has three children ranging from five months to 12 years of age. Two of the children are in school. He is an entrepreneur. He has opened a small restaurant in one of the districts of the capital city and has been managing it for two years. His business is going well and allows him to provide for his family. His challenge is his small capital, which prevents him from better meeting the needs of his growing customer base. This is why he needs a loan to expand the stock of food times (cases of beverages; crates of fish, meat, and poultry). This will allow him to increase not only his sales volume but also his profit margin. The revenues earned will be reinvested in his business for further expansion.
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Alexandre est un homme de 37 ans, fiançé, père de 3 enfants dont l'age varie entre 5 mois et 12 ans. Deux d'ntre eux vont à l'école. Il est commerçant et a ouvert un petit restaurant qu'il gère depuis 2 ans dans un quartier de la capitale. Son activité fonctione bien et c'est grace à elle qu'il subvient aux besoins de sa famille. Il a un problème du à la petitesse de son capital qu'il l'empêche de mieux satisfaire sa clientèle qui augmente au fil du temps. D'ou la necessité de ce crédit pour lui qui lui permettra d'augmenter le stock de ses denrées alimentaires (casiers de boissons, palettes de poisson, viande, poulet). Celui augmentera non seulement ses ventes, mais aussi sa marge bénéficiaire. Les bénéfices générés seront réinvestis dans l'activité pour l'agrandir.

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
  • $1,164,075
    Funds lent in using Kiva
  • 510.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Alexandre to increase his stock of food items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014