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Sale
Sale is a 27-year-old married man. He is a marketplace merchant who sells mobile phone accessories. However, he frequently encounters supply problems. This is where the need to obtain a loan arises. This loan will allow him to grow his business and bring in additional profits. These profits will be partly reinvested into his business and the rest will allow him to provide for his family.
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Sale est un homme de 27 ans marié.Il est commerçant dans un marché de la place et vend des accessoires de téléphone.Toutefois, il est très souvent confronté à des problèmes de rupture de stocks, d'où la nécessité pour lui d'obtenir ce crédit qui lui permettra d'agrandir son activité et de réaliser des bénéfices suplémentaires. Bénéfices qui seront en partie réinvestis dans l'activité 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 $325 helped Sale to buy merchandise.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015