Funded

Total loan: $400
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Patrice

Cameroon
Yaoundé, Cameroon / Cosmetics Sales

A loan of $400 helped to increase his stock of cosmetic products.


Patrice's story

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.

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

15 months
Disbursed date: July 31, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: July 31, 2012