Armand is a 23-year-old man, single, and a father of one child. He opened a small kiosque in one of the town's neighborhoods and has been running it for the past four years. He sells phone credits. He is asking for this loan to buy some phone credits (MTN, Orange, and Camtel) in order to increase his revenue. This will not only allow him to earn enough to strengthen his business and satisfy his customers, but also he would like to use this income to support the needs of his family.
Armand est un homme de 23 ans, célibataire et père d'un enfant. il a ouvert un mini kiosque dans un quartier de la ville qu'elle gère depuis 4 ans. il y vend des crédits de communication. il sollicite ce crédit pour acheter des crédits de communication (MTN, Orange et CAmtel) afin d'augmenter son chiffre d'affaires. Ce qui permettra de réaliser un bénéfice non seulement pour augmenter son capital et activité et de satisfaire la clientèle. il voudrait, avec ces bénéfices, pouvoir subvenir aux besoins 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.