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Bertrand
Bertrand is a young Cameroonian, aged 25. He is single without a child. He has been in this business for over a year which makes him experienced and stable. His business is likely to succeed because it is located in an urban area with many potential customers. This loan will increase his turnover from 450,000 XAF to 500,000 XAF per month. His standard of living will also be improved.

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
  • $1,168,400
    Funds lent in using Kiva
  • 483.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Bertrand to buy bread, soft drinks, biscuits, tin food, etc.
97% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2013
Listed
Jan 9, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015