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Parfait
Parfait, age 39, is engaged to be married. He has three children aged 1 to 12, one of whom goes to school.

He has been selling fresh fish at a market of the capital for the past four years, which is how he supports his family. Since buying his stock at retail is not very profitable, this loan is very important to Parfait’s activity as it will enable him to increase his stock of fish. This will eliminate the need for daily trips, cut down on his taxi expenses, and bolster his profits.

He plans to reinvest part of his profits in his activity, and to use the remainder to provide for the needs of his family.
Parfait est une homme de 39 ans fiancé père de 3 enfants dont l'age varie entre 1 et 12 ans. L'un d'eux va encore à l'école. Il est commerçant et vend du poisson frais dans un marché de la capitale depuis 4 ans. c'est grâce à ça qu'ils'occupe de sa famille. Le fait d'acheter le poisson 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 poisson, Cela lui évitera les déplacements quotidiens et diminuera ses frais de taxi, ça augmentera aussi ses bénéfices. 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
  • $1,184,725
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Parfait to bolster his stock of fresh fish to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014