Biri is a single 29-year-old man and the father of a three-year-old child. He opened a restaurant that he has been running for eight months. It is thanks to this restaurant that he is able to take care of his family and his child. However, the restaurant's location is not very comfortable, and it is not big enough, which makes his business difficult, as his customers are increasingly numerous and ever-more demanding.
Hence the importance of this loan for his work, as it allows him to increase his stock of food (trays of eggs, oil, a sack of rice, a pallet of fish, meats, vegetables) and to purchase the small necessities needed to cook his dishes. Biri plans to reinvest a part of his income into his business and he will use the rest to help provide for his family.
Biri une homme de 29 ans célibataire et père d'un enfant de 3 ans. Il a ouvert un restaurant qu'il gère depuis huit mois. c'est grâce à lui qu'il s'occupe de sa famille et de son enfant. Le fait que son emplacement ne soit pas très confortable et pas assez grand ne lui facilite pas la tâche avec ses clients qui sont de plus en plus nombreux et exigents. D'où l'importance de ce crédit pour son activité parce que ça lui permettra d'augmenter le stock de ses denrées alimentaires (alvéoles d'oeufs,huile, 1 sac de riz, palette de poisson, viandes, les crudités et le petit nécessaire pour cuisiner ses plats. Il réinvestira une partie de ses bénéfices dans son activité et le reste l'aidera à subvenir aux besoins de sa famille.
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.