Check out other loans that are currently fundraising!
Andre Marie
André, aged 21, is a young man from Cameroon. He is single and, for the past two years, he has been running a small grocery store in one of the neighborhoods of his city.

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.
View original language description ↓
André est un jeune camerounais de 21 ans. célibataire, il possède une alimentation dans un quartier de la ville depuis 02 ans.jeune camerounais dynamique , André ne dispose pas un stock assez consistant pour satisfaire sa client sans cesse grandissante et il voudrait avec le crédit acheter: les sacs de riz, les pattes alimentaires, les cartons de sardines et huiles bref les produits de première nécessite en demi gros. les bénéfices tirés de l'activité seront réinjectés dans l'activité et permettront également à André de soutenir financièrement 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
  • 501.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Andre Marie to buy staple foods such as rice, pasta, sardines and oil.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2014