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Alain Serge
Alain is a young Cameroonian, aged 28, married with a child and living in an urban area. He has been in this business for the past two years which makes him very experienced, stable and successful. He is likely to succeed because his business is situated in a commercial area in an urban set up, coupled with the fact that he has been in this business for over two years which makes him very experienced. This loan will increase his stock by 17 percent and his profit by 33 percent and it will go a long way to improve on his standard of living

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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,164,075
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Alain Serge to pay for planks of wood and upholstery.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2014