Martin is a young man, 35 years old, married, and the father of two children. He is a merchant and has opened a small ready-to-wear clothing store, which he has been running in a district in the capital for two years already. His warm welcomes, his creativity, his good fashion advice, and his experience have earned him a rather large customer base.
The growth in his customer base poses a problem, since he no longer manages to satisfy all his customers due to low capital funds, which compels him to go to the outlets each weekend to buy retail and then come back to make his sales. This doesn't bring in enough profit, therefore this loan is important for Martin, enabling him to purchase a bale of clothing for his store. This will allow him not only to satisfy his customers but also to make more profit. He would like to reinvest his profits in his business in order to expand it.
Martin est une jeune homme de 35 ans marié père de 2 enfants. il est commerçant et a ouvert un prêt à porter qu'il gère dans un quartier de la capitale depuis 2 ans déjà. Son acceuil chaleureux, sa créativité,ses bons conseils vestimentaires et son expérience lui ont valu une clientèle assez importante. la croissance de sa clientèle lui pose un problème parce qu'il n'arrive plus à la satisfaire tout ceci à cause de la petitesse de son capital qui l'oblige à aller au déballage chaque week end pour acheter en détail et revenir vendre. et ça ne rapporte pas assez d'où l'importance de ce crédit pour Samuel qui lui pertttra de s'acheter un ballot de vêtements pour sa boutique. ceci lui permettra de satisfaire non seulement de satisfaire sa clientèle, mais aussi de réaliser plus de bénéfices. Il souhaiterai réinvestir ses bénéfices dans son activité afin de l'agrandir.
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.