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Gilbert Gele
Gilbert is a young 24-year-old man. To establish his own business, he was able to set up a small grocery store in a local neighborhood. Given his growing customer base, he faces a constant shortage problem regarding basic necessities.

For this reason he is requesting a loan to diversify his merchandise in order to meet customer demand.

Additionally, the resulting profits will be reinvested and help meet his basic needs.
View original language description ↓
Gilbert est un jeune homme de 24 ans. pour s'installer à son compte, il a pu mettre en place une petite alimentation dans un quartier de la place.mais au regard de sa clientèle grandissante il se trouve confronté à un problème constant de manque de pproduits de première nécessité. raison pour laquelle il sollicite un crédit pour diversifier sa marchandise afin de satisfaire la demande de sa clientèle. en plus,les bénéfices qui en résulteront lui permettront de réinvestir et à satisfaire ses besoins vitaux.

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
  • $1,164,075
    Funds lent in using Kiva
  • 488.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Gilbert Gele diversify products for sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014