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 $575,708,700
Amount of raised Inactive loans $0 $290,425
Number of raised Inactive loans 0 271
Amount of Paying Back Loans $284,000 $119,727,775
Number of Paying Back Loans 668 125,910
Amount of Ended Loans $240,300 $455,690,500
Number of Ended Loans 629 580,665
Delinquency Rate 16.93% 3.38%
Amount in Arrears $26,623 $2,670,459
Outstanding Portfolio $157,299 $78,966,332
Number of loanDelinquent 297 11,306
Default Rate 3.53% 1.09%
Amount of Ended Loans Defaulted $8,474 $4,974,260
Amount of Ended Loans $240,300 $455,690,500
Number of Ended Loans Defaulted 58 15,329
Currency Exchange Loss Rate 0.00% 0.07%
Amount of Currency Exchange Loss $0 $406,266
Refund Rate 0.08% 0.78%
Amount of Refunded Loans $425 $4,479,350
Number of Refunded Loans 1 5,008

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 68.23% 74.23%
Average Loan Size $402 $419
Average Individual Loan Size $404 $656
Average Group Loan Size $445 $1,825
Average number of borrowers per group 2.2 8
Average GDP per capita (PPP) in local country $2,421 $3,440
Average Loan Size / GDP per capita (PPP) 16.62% 12.17%
Average Time to Fund a Loan 0.75 days 5.52 days
Average Dollars Raised Per Day Per Loan $535.07 $75.88
  Average Loan Term 12.45 months 10.25 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 102 286,543
  Journaling Rate 12.31% 42.42%
  Average Number of Comments Per Journal 0.00 0.08
  Average Number of Recommendations Per Journal 0.00 1.93

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Portfolio Yield 28.00% 13.00% 33.66%
  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