Fils Zacharie is a 34-year-old man who is married and a father. He has been a retailer at a local market for several years and sells second-hand clothing for children, men and women (depending on the seasons and the bundles' contents). He is forced to go to the unpacking each weekend to buy clothing - which he later displays on his counter - at retail prices, due to his limited capital. This does not allow him to earn much, hence the importance of this loan to his business as it will enable him to buy a mixed bundle of clothing. He plans to build his savings using the profits he makes thanks to this loan, so that he can expand his clothing shop and take care of his family's needs.
Zacharie est un homme de 34 ans marié et père de famille. il est commerçant dans un marché de la place depuis quelques années où il vend la friperie es vêtements des jeunes, hommes et des dames (en fonction des saisons et des ballots). à cause de la petitesse de son capital, il est obligé d’aller au déballage chaque week-end pour acheter en détail les vêtements qu'il expose dans son comptoir. Cela ne rapporte pas vraiment d'où l'importance de crédit pour son activité parce qu'il lui permettra d'acheter un ballot mixte. il économisera le bénéfice que lui apportera ce crédit pour agrandir une boutique de vêtements et subvenir aux besoins de sa famille.
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.