Partner Description:

Agence de Crédit pour l’Entreprise Privée (ACEP) was launched by the Cameroonian State with the help of the French Development Agency and the European Union in 1999 to provide microfinance services to poor entrepreneurs in urban areas. In September 2005, ACEP Cameroon became a private microfinance institution, and has been one of the top five MFIs in Cameroon in the past few years (in terms of GLP). With a current portfolio exceeding USD$25 million, a staff of more than 150 people spread over 11 branch offices, and a well-tested methodology, ACEP is in a sustainable position to expand to new regions and serve more people.

ACEP’s mission is to contribute in an efficient way to the fight against poverty through microcredit loans to micro-enterprises. It focuses on urban entrepreneurs in the main economic centers of Cameroon: Yaoundé (political capital), Douala (economic capital) and Bafoussam. ACEP's primary loan product, called TPE, serves customers in need of working capital, money to purchase goods or equipment, or for business planning purposes. This loan product has an 18-month repayment cycle. ACEP also offers a group loan with similar terms, as well as a personal loan product for clients who deposit their paychecks with the bank.

With funds from Kiva lenders, ACEP is now providing an additional loan product tailored to low-income entrepreneurs working in urban markets. Since it serves a particularly vulnerable population, this Kiva loan product is smaller than ACEP's other loans, and is offered free of upfront service charges and obligatory savings, and with reduced penalties for late payments. In addition to these loan products, ACEP provides voluntary savings accounts as well as money transfers and overdraft protection services. 


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 29, 2012 Oct 12, 2005
Total Loans $524,300 $587,597,875
Amount of raised Inactive loans $0 $594,300
Number of raised Inactive loans 0 505
Amount of Paying Back Loans $244,125 $120,739,200
Number of Paying Back Loans 569 127,756
Amount of Ended Loans $280,175 $466,264,375
Number of Ended Loans 728 592,949
Delinquency Rate 26.89% 4.75%
Amount in Arrears $36,889 $3,770,945
Outstanding Portfolio $137,189 $79,436,126
Number of loanDelinquent 541 20,589
Default Rate 6.43% 1.14%
Amount of Ended Loans Defaulted $18,019 $5,336,912
Amount of Ended Loans $280,175 $466,264,375
Number of Ended Loans Defaulted 117 16,802
Currency Exchange Loss Rate 0.00% 0.08%
Amount of Currency Exchange Loss $0 $480,684
Refund Rate 0.08% 0.77%
Amount of Refunded Loans $425 $4,496,750
Number of Refunded Loans 1 5,041

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 68.23% 74.16%
Average Loan Size $402 $418
Average Individual Loan Size $404 $656
Average Group Loan Size $445 $1,829
Average number of borrowers per group 2.2 8
Average GDP per capita (PPP) in local country $2,421 $3,432
Average Loan Size / GDP per capita (PPP) 16.62% 12.19%
Average Time to Fund a Loan 0.75 days 5.58 days
Average Dollars Raised Per Day Per Loan $535.07 $74.96
  Average Loan Term 12.45 months 10.32 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 102 293,654
  Journaling Rate 11.59% 42.41%
  Average Number of Comments Per Journal 0.00 0.08
  Average Number of Recommendations Per Journal 0.00 1.89

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 28% PY 13.00% PY 33.64% PY
  Profitability (return on assets) 6.3% -0.2% -1.40%
  Average Loan Size (% of per capita income) 210.10% 161.00% 41.35%

Country Fast Facts

Field Partner Staff

Saidou ABDOULAYE
Lemuel ADE TAKU
Simon Pierre Bayep
Thierry Bessile
Vincent De Paul Gounou
jeannette patience ndongo doualla
Lydie NKE ABE
Alain Georges Nkou
Rabi Nsangou
Christian ONGUENE ONGUENE
Alex SALA BITA
Jean Roger Zombo