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Frank Eric
Frank is a Cameroonian aged 38 who is not married and does not have a child. He has been in this business for over two years which makes him experienced and stable. He is likely to succeed because his business is located in an urban area which gives him many potential customers. This loan will help him increase his profits by 50 % and his standard of living will increase as well.

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.

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About Cameroon

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,164,075
    Funds lent in using Kiva
  • 476.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Frank Eric to buy fruit and vegetables to resell.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 31, 2015