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Patrice is a 35-year-old man who is married and the father of a 4-month-old child. He is a merchant and has opened a space in which he has been selling cosmetic products for twelve years already. Thanks to his warm welcomes, his good advice, and his experience in this domain, he won over a loyal customer base, which is growing over the course of time. The increased number of customers means the supply falls short of demand, and so he is continuously low on investory due to his meager capital.

Thanks to his loans, Patrice will increase his stock of cosmetics, which will prevent inventory shortages, satisfy his customers, and increase his sales and thus his profit margin. He will reinvest part of his profits into his business and save the rest for his child's education.
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Patrice est un homme de 35ans,marié et père d'un enfant de 4mois,il est commercant et a ouvert une structure dans laquelle il vend des produits cosmétiques depuis 12 ans déjà.Grace à son accueil chaleureux,ses bons conseils et son expérience dans ce domaine,il a conquis et fidéliser une clientèle qui s'accroit au fil du temps.L'augmentation de cette clientèle rend l'offre inférieure à la demande d'ou la rupture permanente de ses stocks due a la petitesse de son capital. Grace à ses crédits Patrice augmentera le stock de ses produits cosmétiques ce qui lui évitera des ruptures de stocks, satisfera sa clientèle, augmentera ses ventes et donc sa marge bénéficiaire;Il réinvestira une partie de ses bénéfices dans son activité et économisera le reste pour les études futures de son enfant.

Additional Information

More information about this loan

This loan is part of ACEP Cameroun's 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.

About Cameroon

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,320,025
    Funds lent in using Kiva
  • 529.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Patrice to increase his stock of cosmetic products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 31, 2012
Aug 12, 2012
Currency Exchange Loss:
Sep 17, 2013