Abel is a 44 year old man, engaged and a father. He opened a food store in a neighborhood of the capital which he has been managing for 2 years already. His little shop functions thanks to his warm welcome, his experience in this domain and the clientèle which he gained with time. His clientèle is becoming large and he doesn't manage to satisfy it anymore because of his small capital which obliges him to buy retail. He is requesting this loan to strengthen his small business to diversify his merchandise (rice, salt, mineral water, cartons of sugar) and be able to increase his profit margin. He will reinvest part of his profits in his business to cover the needs of his sector and the other part will allow him to meet his daily needs and those of his family.
Abel est un homme âgé de 44 ans, fiancé et père de famille. Il a ouvert une alimentation dans un quartier de la capitale qu'il gère depuis 2 ans déjà. Son petit commerce fonctionne grâce à son acceuiel chaleureux, son expérience dans ce domaine et la clientèle qu'il a acquis avec le temps. Cette dernière devient importante et là, il n'arrive plus à la satisfaire à cause de la petitesse de son capital qui l'oblige à acheter en détail.Il sollicite ce crédit pour renforcer son petit fond de commerce pour diversifier sa marchandise (riz, sel, l'eau minérale,cartons de sucres) et pouvoir augmenter sa marge bénéficiaire. Il réinvestira une partie de son bénéfice dans l’activité pour couvrir les besoins de son secteur et l'autre partie lui permettra de subvenir à ses besoins quotidiens et ceux de sa famille.
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.