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Franck Elvis
Franck is a young 27-year-old man who is single and has no children. He has been selling fresh seasonal food (tomatoes, cassava, plantains, coconuts and fruit) at a local market to retail customers for 5 years. He knows the suppliers well and knows his customers, which he has acquired over time thanks to his experience in his line of work, especially well. He would like to increase his stock of crates of tomatoes in order to have a good inventory which will enable him to better satisfy the constant demand of his customer and to avoid stock shortages. He will save his profits not only to expand his business, but also to take care of his family's needs.
Franck est un jeune homme de 27 ans célibataire sans enfants. il fait la vente en détail des vivres frais (tomate, maniocs, plantains, noix de palmes et fruits) en fonction des saisons dans un marché de la place depuis 5 ans. Il a une bonne connaissance des fournisseurs, et surtout de sa clientèle qu'il a acquis au fil du temps grâce à son expérience dans ce domaine et souhaiterai son stock de cajots de tomates pour avoir un bon stock ce qui permettra de mieux satisfaire la demande constante de sa clientèle et d'éviter les ruptures de stocks. Il économisera son bénéfice pour non seulement agrandir son activité mais aussi 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
  • $1,180,425
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Franck Elvis to increase his inventory of crates of tomatoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2014