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Daniel
Daniel is a 43-year-old man and a father of four children, who are between 8 and 18 years old. He has been in the cooling and air conditioning business for one year and works in a local area.

Given his lack of capital, he is often unable to meet customer need. For this reason, he is seeking a loan to buy four gas cylinders. This will allow him to satisfy his customers and to earn a bit more.

These extra earnings will allow him to expand and diversify his business in order to better support his family.
View original language description ↓
Daniel est homme de 43 ans et père de 04 enfants dont l'âge varie entre entre de 08 et 18 ans. il fait dans le froid et la climatisation depuis 01 an dans un quartier de la place. compte tenu de la petitesse de son capital,il est confronté à un problème constant d'insatisfaction de la demande de sa clientèle.raison pour laquelle il sollicite un crédit pour acheter 04 bombones de gaz.ce qui lui permettra de satisfaire la clientèle et de réaliser un peu plus de bénéfices. lesquels lui permettront d'accroitre son activité et de diversifier ses activités eafin de mieux encadrer 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

  • $2,421
    Average annual income
  • 1
    View loans »
    Cameroon Loans Fundraising
  • $1,161,000
    Funds lent in using Kiva
  • 494.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Daniel to buy four gas cylinders.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2014