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Ferdinand is a Cameroonian aged 42. He is married with four children; the oldest is seventeen years and in high school while the youngest is 9 years and in primary school. He is the breadwinner in the family. He has been in this business for over fifteen years which makes him very experienced, stable and the business very profitable. His business is successful because it is situated in an urban area where there are so many construction activities going on. He is likely to succeed because of his long experience in this business. This loan will increase his monthly turnover by 35 percent as well as his standard of living.

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
  • $1,197,575
    Funds lent in using Kiva
  • 484.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Ferdinand to buy building materials for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 10, 2013
Sep 28, 2013
Currency Exchange Loss:
Dec 3, 2014