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Divine
Divine is a thirty-three year old Cameroonian who is married with three children. The older child is eleven and in secondary school while the youngest is four and in primary school. He has been in this business for over two years, 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 be use to increase his capital by forty-four percent and his profit by fifty-five thousand FCFA.

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

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,184,725
    Funds lent in using Kiva
  • 475.0
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Divine to buy planks and other materials for the manufacture of chairs and tables.
92% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2014
Listed
Apr 22, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 1, 2015