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Eric is a 31-year-old man. He is engaged and the father of 3 children aged between 2 years and 11 months. He has been running a restaurant business for several years and is it thanks to his business that he is able to take care of his family. Having to buy his ingredients at retail prices does not allow him to make much profit. This is why this loan is important to his business; it will allow him to increase his stock of groceries - trays of eggs, oil, a bag of rice, a pallet of fish, meats, raw vegetables and the ingredients he needs to make his meals. He plans to reinvest part of his profits in his business and use the other part to provide for his family's needs.
Eric est une homme de 31 ans fiancé père de 3 enfants dont l'age varie entre 11 mois et 02 ans. Il a ouvert un restaurant qu'il gère depuis des années. c'est grâce à lui qu'il s'occupe de sa famille. Le fait d'acheter les produit de restauration en détail ne rapporte vraiment grand chose pour lui. D'où l'importance de ce crédit pour son activité parce que ça lui permettra d'augmenter le stock de ses denrées alimentaires (alvéoles d'oeufs,huile, 1 sac de riz, palette de poisson, viandes, les crudités et le petit nécessaire pour cuisiner ses plats. Il réinvestira une partie de ses bénéfices dans son activité et le reste l'aidera à subvenir 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
  • $1,197,575
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Eric to increase his inventory of food items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 15, 2013
Apr 19, 2013
Currency Exchange Loss:
Aug 13, 2014