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Raphael is a young 28 year old Cameroonian male who has, for more than two years, been involved in the sale of mobile phone batteries and other accessories (headphones, cables, etc). He also offers temporary mobile phones for customers whose phones are undergoing repairs. Conscious of the needs of his family, Raphael is asking for a loan in order to purchase a large quantity of materials and accessories in order to increase his sale margins. A portion of his profits will also be reinvested into his commercial activity.
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Raphael est un jeune camerounais de 28 ans exerçant depuis plus de 2 ans dans la vente des batteries de téléphone et autres accessoires (écouteurs,câbles, etc.). De plus, il fait dans le dépannage des téléphones.Soucieux du bien être de sa famille, Raphael souhaite avec le crédit acheter une grande quantité de batteries et accessoires de téléphone dans l'optique d'augmenter sa marge bénéficiaire. Une partie de ce bénéfice supplémentaire sera également réinjecté dans son activité.

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 $300 helped Raphael purchase merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 1, 2013
Apr 24, 2013
Currency Exchange Loss:
Mar 17, 2014