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Rodrigue
Rodrigue is a 28-year-old man, unmarried, and a father of a 2-year-old child. He is a merchant and has been reselling fresh staple foods (tomatoes, fish, chili peppers, condiments, etc.) seasonally at a local market for seven years. He is very familiar with suppliers and especially his customers, whom he has acquired over the course of time thanks to his experience in this domain. But he constantly finds himself short of inventory, since he is compelled to sell all of it in order to procure more. This is due to his meager capital. He would like to increase his inventory of staple foods by purchasing in bulk. This will not only increase his sales but also his profits, of which some will be reinvested in his business to expand it. The rest will enable him to meet family needs.
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Rodrigue est un homme de 28 ans célibataire et père d'un enfant âgé de deux ans. il est commerçant et fait la vente en détail des vivres frais( tomate, poisson, piment,condiments,etc) en fonction des saisons dans un marché de la place depuis 07 ans.il a une bonne connaissance des fournisseurs, et surtout de sa clientèle qu'il a acquis au fil du temps grâce à son expérience dans ce domaine. Mais il se retrouve constamment en rupture de stock parce qu'il est obligé de faire écouler tous le stock pour pouvoir s'en procurer à nouveau ceci à cause de la petitesse de son capital.Il souhaiterai augmenter son stock de vivres en achetant en gros ceci augmentera non seulement ses ventes mais aussi son bénéfice. Bénéfice qu'il réinvestira en partie dans son activité pour l'agrandir et le reste lui permettra de subvenir 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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,168,400
    Funds lent in using Kiva
  • 485.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Rodrigue to purchase food supplies to increase his inventory.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015