Check out other loans that are currently fundraising!
Patrick
Patrick is a 35-year old man, single and the father of two. After his training, he opened a hairdresser’s shop and has been running it for four years. He often faces a shortage of cosmetic products, hair clippers and supplies because he has to buy his supplies retail. His goal is to meet customer demand and increasing his profits, he is applying for a loan in order to buy supplies wholesale, which will allow him to meet his objectives. The revenues derived from this loan will help him to provide for himself and his children and also to save some funds for a future business expansion.
View original language description ↓
patrick est un homme de 35 ans célibataire, père de 2 enfants. Après sa formation, il ouvert un salon de coiffure qu'il gère depuis quatre ans déjà. il a souvent un problème du a l'absence de produits cosmétiques,tondeuses et petit matériel dans son institut parce qu'il achète ses produits en détail. Son but étant de satisfaire sa clientèle et de réaliser un grand bénéfice. il sollicite un crédit pour pouvoir acheter son matériel en grande quantité celui qui permettra d'atteindre ses objectifs. Le bénéfice tiré de ce crédit l'aidera a satisfaire ses besoins, ceux de ses enfants, aussi d'épargner pour accroitre son activité dans le future.

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.

Tags

About Cameroon

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,168,400
    Funds lent in using Kiva
  • 499.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Patrick to buy hair clippers and supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014