Funded

Total loan: $425
Powered by 11 lenders

Albert Michel

Cameroon
Yaoundé, Cameroon / Shoe Sales

A loan of $425 helped to purchase a bundle of shoes.


Albert Michel's story

Albert is a 40-year-old married father of four children. He has worked as a vendor in a marketplace for 15 years, where he sells plastic shoes for young people, men and women (according to the seasons and what shoes are available). As he has very little capital, he is forced to to go to the warehouse every weekend in order to buy specific shoes for him to sell at his stall. This doesn't bring in much profit for his business, and it shows why this loan is so important. It will allow him to buy mixed bundles of shoes (for men, women and children). He will save the profits he will earn from this loan in order to open a shop.

Translated from French by Kiva volunteer Christopher Smith



Loan details

Loan length:

15 months
Disbursed date: October 10, 2013

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: October 10, 2013