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Blaise Constant

Update on Blaise Constant

Blaise is a 34-year-old man with a family and a few children in his care. He sells shoes at a local market.

Because of his limited capital, he often runs out-of-stock. He has therefore requested this loan to increase his stock of shoes, which will help him to better manage his small retail business and make more profit. This profit will help him to grow his business and to take care of his family.

In the long term, he plans to build a house for his family.
View original language description ↓
Blaise est un jeune homme de 34 ans chef de famille ayant des enfants en charge. il fait dans la vente des chaussures dans un marché de la place. A cause de la petitesse de son capital, il est confronté régulièrement aux problème de rupture de stock. raison pour laquelle il sollicite un crédit pour augmenter le stock de sa marchandise afin de mieux gérer son petit commerce et de se faire des bénéfices. lesquelles lui permettront de de faire grandir son activité et de s'occuper de sa petite famille. à la longue il a un projet de construction d'une maison familiale.

Previous Loan Details

Blaise is 33 years old. He has a family and a few children in his care. He is involved in shoe sales at a local market. Because of his small capital, he is often out-of-stock. He is therefore taking a loan to increase his stock of shoes, which will help him to better manage his small retail b... More from Blaise Constant's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Cameroon

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,180,425
    Funds lent in using Kiva
  • 470.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Blaise Constant to increase his stock of shoes.
95% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2014
Listed
Mar 22, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2015
This photo was used before for a previous loan for Blaise Constant. It was first posted on Kiva on Sep, 2013. Learn More