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Joseph is a 45 year old father. He has been selling used clothing for young people, men and women (according to the season and to the bundles he acquires) in a local market for the past nine years. Because he has little capital, he is obliged to go to jumble sales every weekend to buy on a retail basis the clothes which he displays on his stall. This does not really bring him much money, hence the importance of this loan for his business, since it will enable him to buy a mixed bundle. He will save the profit he makes as a result of this loan to open a clothes' shop.
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Joseph est un homme de 45 ans père de famille. Il est commerçant dans un marché de la place depuis 09 ans où il vend la friperie es vêtements des jeunes, hommes et des dames (en fonction des saisons et des ballots). à cause de la petitesse de son capital, il est obligé d’aller au déballage chaque week-end pour acheter en détail les vêtements qu'il expose dans son comptoir. Cela ne rapporte pas vraiment d'où l'importance de crédit pour son activité parce qu'il lui permettra d'acheter un ballot mixte. il économisera le bénéfice que lui apportera ce crédit pour ouvrir une boutique de vêtements.

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
  • $1,190,375
    Funds lent in using Kiva
  • 485.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Joseph to buy a bundle of mixed clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 15, 2014
Feb 4, 2014
Currency Exchange Loss:
Mar 17, 2015