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Rostand Eric
Rostand is a 29-year-old single father of two children. He has owned and operated a motorcycle parking lot in the city neighborhood for a year. He is requesting this loan to complete construction on the lot (for comfort and safety) to increase his sales and income. The income generated will be used partly to invest in his business and partly to meet the needs of his family.
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Rostand est un homme de 29 ans, célibataire et père de 2 enfants. Il possède et gère un parking pour moto dans un quartier de la ville depuis un an. il sollicite ce crédit pour effectuer l'aménagement du parking (confort et sécurité) afin d'augmenter son chiffre d'affaires et les profits. les bénéfices générés vont être injectés dans l'activité d'une part et subviendront aux besoins de sa famille d'autre part.

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
  • 491.9
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Rostand Eric to complete construction of his parking lot.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014