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Pierre
Pierre is a 32-year old man with three dependent children. He has a small grocery shop in his neighborhood. His current challenge is his low stock, which keeps his from making good revenues. He is thus seeking a loan of 100,000 West African francs in order to increase his merchandise stock and meet customer demand. This will allow him to stabilize his business and improve his life conditions.
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Pierre est un jeune homme de 32 ans et ayant trois enfants à sa charge.il est propriétaire d'une petite alimentation dans un quartier de la place. actuellement,il est confronté à un problème de rupture de stock ce qui ne lui permet pas de réaliser de bénéfices considérables.il sollicite donc un crédit dfe 100000 FCFA afin d'augmenter son stock de marchandises et de satisfaire sa clientèle. ce qui lui permettra de péréniser son activité et d'améliorer ses conditions de vie

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
  • $1,161,000
    Funds lent in using Kiva
  • 504.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Pierre to expand his merchandise stock.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014