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. 

Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 29, 2012 Oct 12, 2005
Total Loans $499,425 $535,272,925
Amount of Raised Inactive Loans $0 $231,500
Number Of Raised Inactive Loans 0 230
Amount of Paying Back Loans $304,825 $115,952,475
Number Of Paying Back Loans 734 121,581
Amount of Ended Loans $194,600 $419,088,950
Number Of Ended Loans 510 538,794
Delinquency Rate 11.51% 3.69%
Amount In Arrears $22,545 $2,866,312
Outstanding Portfolio $195,939 $77,652,360
Number of Loans Delinquent 309 16,008
Default Rate 2.36% 1.04%
Amount of Ended Loans Defaulted $4,591 $4,349,827
Amount of Ended Loans $194,600 $419,088,950
Number Of Ended Loans Defaulted 24 14,108
Currency Exchange Loss Rate 0.00% 0.05%
Amount of Currency Exchange Loss $0 $293,076
Refund Rate 0.09% 0.82%
Amount of Refunded Loans $425 $4,415,650
Number Of Refunded Loans 1 4,862

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 68.44% 74.09%
Average Loan Size $400 $417
Average Individual Loan Size $401 $655
Average Group Loan Size $445 $1,810
Average Number Of Entrepreneurs Per Group 2.2 8
Average GDP Per Capita (PPP) in Local Country $2,421 $3,464
Average Loan Size / GDP Per Capita (PPP) 16.50% 12.04%
Average Time To Fund A Loan 0.75 days 5.27 days
Average Dollars Raised Per Day Per Loan $534.11 $79.18
  Average Loan Term 12.4 months 10.04 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 94 268,315
  Journaling Rate 12.52% 42.16%
  Average Number Of Comments Per Journal 0.00 0.09
  Average Number Of Recommendations Per Journal 0.00 2.07

Kiva HelpBorrowing Cost Comparison (based on 2011 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Portfolio Yield 27.10% 27.10% 34.93%
  Profitability (Return on Assets) 4.2% 1.4% -1.11%
  Average Loan Size (% of Per Capita Income) 210.10% 115.60% 42.70%

Kiva HelpCountry Fast Facts

Field Partner Staff

Simon Pierre Bayep
Thierry Bessile
Vincent De Paul Gounou
jeannette patience ndongo doualla
Alain Georges Nkou
Rabi Nsangou
Jean Roger Zombo