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Boniface
Boniface is a young Cameroonian who is 34 years ago. He has been managing a business selling clothing in a market of the city for 15 years already. He benefits from good experience in this field. With this loan he would like to buy bundles of clothing to strengthen his stock of merchandise in order to better satisfy his clientèle. The income generated will allow him to better meet the needs of his family. His ambition is to open a store.
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Boniface est une jeune Camerounais âgé de 34 ans qui mène comme activité la vente des vêtements dans un marché de la ville depuis 15 ans déjà. il bénéficie d'une bonne expérience dans le domaine. il voudrait avec ce crédit acheter des ballots de vêtements pour renforcer son stock de marchandise afin de mieux satisfaire sa clientèle. les revenus générés lui permettront de mieux subvenir aux besoins de sa famille. Il a pour ambition d'ouvrir une boutique.

Additional Information

More information about this loan

This loan is part of ACEP Cameroun's new 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

  • $2,421
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,164,075
    Funds lent in using Kiva
  • 504.7
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Boniface to buy merchandise (bundles of clothing).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 30, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013