Country: Cameroon
Sector of activity: Micro-finance
Status: Capital investment
Associed fund: IPDEV1
Entrepreneur: Yann Akindélé
Employees: 242
In portfolio since: 2005

ACEP Cameroun est une institution de microfinance spécialisée dans le financement des très petites entreprises en milieu urbain – Douala, Yaoundé et Bafoussam.

Acep Cameroun is a microfinance institution specialized in financing SMEs from urban areas of Douala, Yaounde and Bafoussam. Acep is now a 5 in-country MFI network.

 

PARTNERSHIP WITH I&P

I&P is committed alongside ACEP CAMEROON:

• To organize the transformation process of ACEP Cameroon to a private financial institution

• To contribute to the business plan elaboration and the round table constitution.

• To assure a regular operational monitoring

• To actively participate to the governance proceedings (audit comity and board of directors)

 

KEY IMPACTS

• Number of created jobs: 166

• Since 2005, ACEP has allowed more than 45 000 credits distributed to very small entrepreneurs (street food vendors, shoemakers, bayamselams) 

• Incomes annual growth in average since 2007: +32%

 

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