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Jean Claude
Jean Claude, age 41, is a single father to two children. He runs a bar that he opened three years ago in a local district, and where he sells soft drinks.

He is seeking this loan to bolster his stock. He plans to buy 300,000 F worth of soft drinks to satisfy his expanding customer base and to increase his profits, part of which will be reinvested in his business while the remainder will be used to provide for his family’s needs (tuition, healthcare, food).
jean est une homme de 41 ans, célibataire et père de 2 enfants. il possède et gère un débit de boissons dans un quartier de la ville depuis 3 ans où il vend des boissons hygiéniques.il sollicite ce crédit pour renforcer son stock de marchandises en achetant des produits hygiéniques pour une valeur de 300 000 f afin d’accroître son stock et satisfaire sa clientèle grandissante, et d'augmenter ses bénéfices. les profits générés vont être réinjectés dans son capital et subviendront aux besoins de sa famille (éducation, santé, nutrition)

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
  • $1,173,050
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Jean Claude to stock up on soft drinks.
95% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2014
Listed
Feb 27, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2015