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Philippe Prosper
Philippe is a Cameroonian man, 39 years old, married and the father of two children. He has operated a shop selling caskets and decorations in a neighborhood of his town for 5 years. He is requesting this loan to be able to increase his stock of raw materials by purchasing casket fabrics in bulk in order to satisfy his customers and to increase his sales and profits. The profits that he earns will be used as business capital and will help provide for his family's needs.
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Philippe est un homme camerounais de 39 ans, marié et père de 2 enfants. elle gère une boutique de vente de cercueil et des articles décoratifs dans un quartier de la ville depuis 5 ans. il sollicite ce crédit pour renforcer son stock de matières premières en achetant tissus de cercueil en gros afin de satisfaire sa clientèle et accroître ses ventes et profits. les bénéfices générés vont être injectés dans dans son capital et subviendront aux besoins de sa famille.

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
  • 477.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Philippe Prosper to purchase raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 29, 2013
Oct 30, 2013
Currency Exchange Loss:
Oct 31, 2014