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Mokote, age 27, is a single father of a 2-year-old child. Over the past year, he has been running a small hardware store in a district of the capital. While this is a rather new activity, his strengths as a businessman have helped him to quickly build a substantial and loyal customer base, which he can no longer satisfy due to a lack of funds needed to maintain his stock of merchandise.

To overcome this hurdle, he is seeking a loan to stock up on merchandise such as thinners, buckets, paint, sheet metal, and many other hardware products. This will help him to meet customer demand and to bolster his sales and his profits.

He plans to use these profits to expand his activity and turn it into a large hardware store, and to provide for his family’s needs.
Mokote est un homme de 27 ans, célibataire, père d'un enfant âgés de 02 ans.Il est commerçant dans un quartier de la capitale où il gère une mini quincaillerie depuis 1 ans.Son activité étant certe jeune, mais grâce à sa qualité de bon commerçant a pu en si peu de temps fidéliser une clientèle considérable, mais qu'il n'arrive cependant plus à satisfaire car son capital ne lui permet guère de s'approvisionner en quantité suffisante susceptible de satisfaire la demande croissante.Afin de palier à ce problème, il voudrait ce crédit afin de s'approvisionner en quantité suffisante en diluants,seaux de peintures, tôles et biens d'autres produits de quincaillerie, ce qui lui permettra de satisfaire la demande, mais surtout d'augmenter ses ventes et par conséquent ses bénéfices. Ces bénéfices lui permettront d'agrandir son activité en vue d'en faire une grande quincaillerie, mais également de subvenir aux besoins de sa famille.

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
  • $1,301,800
    Funds lent in using Kiva
  • 511.1
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mokote to stock up on hardware items such as light bulbs, paint, sheet metal, thinners, buckets, etc. for his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 1, 2012
Nov 8, 2012
Currency Exchange Loss:
Nov 17, 2013