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Hyacinthe Antoine
Hyacinthe is a 54-year-old man from Cameroon. He is the father of five children whose ages range from 26 years old to 5 years old. He has run a sewing shop, in one of the neighborhoods of his city, for the past 31 years. He has just received a large order for school uniforms and would like to use his loan to buy rolls of fabrics, so that he can fulfill his orders. Part of his profits will be reinvested in his business while the rest will be used to repay his loan and ensure that his children have a good future.
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Hyacinthe est camerounais de 54 ans. père de 05 enfant dont le plus âgé a 26 ans et le moins âgé 05 ans, il possède un atelier de couture depuis près de 31 ans dans un quartier de la ville. ayant reçu une forte commande de tenues scolaires, il souhaite avec le crédit acheter les rouleaux de tissus afin de réaliser les commandes reçus. les bénéfices obtenus seront réinvestis dans l'activité, permettront entre autres de rembourser le crédit et d'assurer l'avenir de ses enfants.

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
  • 494.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Hyacinthe Antoine to buy sewing supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014