Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

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 Lending Partner All Kiva Partners
  Start Date On Kiva Mar 29, 2012 Oct 12, 2005
Total Loans $1,756,000 $1,961,263,340
Amount of raised Inactive loans $0 $368,750
Number of raised Inactive loans 0 225
Amount of Paying Back Loans $8,100 $155,292,280
Number of Paying Back Loans 16 180,364
Amount of Ended Loans $1,747,900 $1,775,561,795
Number of Ended Loans 3,990 2,382,297
Delinquency Rate 42.45% 11.50%
Amount in Arrears $2,164 $10,725,818
Outstanding Portfolio $5,003 $93,282,250
Number of Loans Delinquent 16 45,477
Default Rate 3.48% 1.82%
Amount of Ended Loans Defaulted $60,811 $32,353,228
Number of Ended Loans Defaulted 392 84,927
Currency Exchange Loss Rate 0.31% 0.49%
Amount of Currency Exchange Loss $5,394 $12,023,738
Refund Rate 0.30% 0.54%
Amount of Refunded Loans $5,250 $10,526,300
Number of Refunded Loans 7 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 58.81% 78.24%
Average Loan Size $438 $392
Average Individual Loan Size $439 $589
Average Group Loan Size $445 $1,892
Average number of borrowers per group 2.2 8.3
Average GDP per capita (PPP) in local country $2,400 $5,599
Average Loan Size / GDP per capita (PPP) 18.26% 7.00%
Average Time to Fund a Loan 6.24 days 8.93 days
Average Dollars Raised Per Day Per Loan $70.20 $43.86
  Average Loan Term 12.15 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 449 1,181,695
  Journaling Rate 11.11% 42.25%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2016 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 27% PY 13.00% PY 27.02% PY
  Profitability (return on assets) 3.13% -0.2% -3.10%
  Average Loan Size (% of per capita income) N/A 161.00% 0.00%

Country Fast Facts

Lending Partner Staff

Fayol MADIO
Joceline NDZANA MBIDA
Lydie NKE ABE
Brice YONGDOU