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Mefire Hervé
Hervé is a 36-year old, unmarried man and father of one 3-year old child. Four years ago, he opened the dry cleaning shop that he manages. It is thanks to him that he takes care of his family. He would like to buy a new washing machine to increase speed and customer satisfaction. Hence the need for this loan for his business, because it will enable him to attract more customers, satisfy them, and increase customer loyalty. He will reinvest a part of his profits in his business; the rest of the profits will help him provide for his family.
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Hervé est une homme de 36 ans célibataire et père d'un enfant de 03 ans. Il a ouvert un pressing qu'il gère depuis 4 ans. c'est grâce à lui qu'il s'occupe de sa famille. Il aimerai s'acheter une nouvelle machine à laver pour augmenter la rapidité et satisfaction de sa clientèle. d'où la nécessité ce crédit pour son activité parce que ça lui permettra de d'augmenter, satisfaire, fidéliser sa clientèle . Il réinvestira une partie de ses bénéfices dans son activité et le reste l'aidera à 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
  • 3
    View loans »
    Cameroon Loans Fundraising
  • $1,321,250
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Mefire Hervé to buy a washing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 26, 2013
Apr 19, 2013
Currency Exchange Loss:
Apr 17, 2014