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Cirile is a young Cameroonian, age 21, living and doing business in an urban area. He is married with a child about 11 months old. He has been in this business for the past three years, which makes him very experienced and stable and his business is very profitable. He has a 60 percent chance of succeeding in this business. This loan will help him increase his output by 20 percent as well as 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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,188,175
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Cirile to purchase more stock for his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 19, 2013
Jul 3, 2013
Currency Exchange Loss:
Sep 4, 2014