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Albert is a 41-year-old man, married and the father of four children, ages 13 years to 6 months. Three of his children go to school.

Albert works as a seller in one of the neighborhoods of the capital city, where he has been running a clothing and jewelry shop for the past ten years already.

Thanks to the quality of his products, to his reasonable prices, and to his own enthusiasm, Albert has been able to build a large customer base. However, since he is constantly out-of-stock, some of his customers are no longer faithful to his business.

This is why he is requesting this loan, in order to purchase clothes, jewelry and phone accessories, and therefore increase his stock of merchandise. He hopes that this will help him to regain customer loyalty and and to increase his profit margin.

He would like to use his profits to reinvest in his business, and he dreams about opening new shops in the future.
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Albert est un homme de 41 ans, marié et pére de 4 enfants dont l'âge varie entre 13 ans et 6 mois, 3 d'entre eux vont à l'école. Il est commerçant dans un quartier de la capitale oû il tient une boutique de vêtements et de bijox depuis 10 ans déjà.La qualité de ses produits, ses prix et surtout son dynamisme lui ont valu au fil du temps une tré grande clientéle q'elle n' arrive plus à fidéliser à cause de la rupture permanente de ses stocks. Il sollicite donc ce credit pour pouvoir augmenter ses stocks en s'achetant des vêtements, des bijoux et des accéssoires téléphoniques.Il espere avec ça fidéliser sa clientéle et ainsi augmenter sa marge bénéficiaire. Avec ses bénéfices il voudrait réinvestir dans sa structure enfin de pouvoir s'offrir plutard d'autres boutiques.

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
  • 1
    View loans »
    Cameroon Loans Fundraising
  • $1,320,725
    Funds lent in using Kiva
  • 513.4
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Albert to buy clothes, jewelry, and phone accessories.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Aug 27, 2012
Sep 13, 2012
Currency Exchange Loss:
Aug 17, 2013