He is a young dynamic man, but his stock of merchandise is not large enough to meet the needs of an increasingly large group of customers.
He would like to use his loan to buy staple foods in semi-bulk quantities: bags of rice, pasta, boxes of sardines and oil.
The profits from his business will be reinvested in his activity and will also allow him to financially support his family.
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 CamerounAgence 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.
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Success!! The loan was 100% repaid