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Charly is a 33-year-old married man and father of two children aged two and four. After finishing his training, he opened a hairdressers, which he has been running for eight years. He often has problems within his business due to a lack of cosmetic products, hair clippers and everyday items because he buys his products in small amounts. His goal is to satisfy his clientele and to make a large profit. He has requested a loan in order to be able to buy his equipment in large quantities, which will allow him to reach his targets. The profits made from this loan will help him to satisfy both his and his family's needs, as well as leaving him with some savings to grow his business in the future.
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Charly est un homme de 33 ans marié, père de deux enfants de 2 et 4 ans. Après sa formation, il a ouvert un salon de coiffure qu'il gère depuis 8 ans déjà. il a souvent un problème du a l'absence de produits cosmétiques,tondeuses et petit matériel dans son institut parce qu'il achète ses produits en détail. Son but étant de satisfaire sa clientèle et de réaliser un grand bénéfice. il sollicite un crédit pour pouvoir acheter son matériel en grande quantité celui qui permettra d'atteindre ses objectifs. Le bénéfice tiré de ce crédit l'aidera a satisfaire ses besoins et ceux de sa famille, aussi d'épargner pour accroitre son activité dans le future.

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
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,321,250
    Funds lent in using Kiva
  • 485.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Charly to buy cosmetic products and everyday items in order to fix up his hairdressing business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 1, 2013
Nov 21, 2013
Currency Exchange Loss:
Dec 17, 2014