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Boniface
Boniface is a young 39 year old man who is married and a father. He is a shopkeeper and opened a small counter in a neighborhood of the capital where he has been selling shoes as well as communication credits for 2 years. It is to be noted that its with this business that he meets the needs of his family.

His business functions well especially his call-box thus his desire to have this loan to increase his stock of communication credits as well as his sales. This will increase his profits. His profits will be partly reinvested in his business to expand it and the rest will allow him to meet the daily needs of his family.
View original language description ↓
Boniface est un jeune homme de 39 ans marié et père de famille. il est commerçant et a ouvert dans quartier de la capitale un petit comptoir dan lequel il commercialise les chaussures ainsi que le crédit de communication depuis 2 ans. il est à noter que c'est avec cette activité qu'il subvient aux besoin de sa famille.Son activité fonctionne bien surtout son call-box d'où son envie d'avoir ce crédit pour augmenter son stock de crédit de communication ainsi que ses ventes. ceci augmentera ses bénéfices. Bénéfices qui seront en partie réinvestis dans son activité pour l'agrandir et le reste lui permettra de subvenir aux besoins quotidiens des sa famille

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
  • $1,173,050
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Boniface to increase his stock of communication credits.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013