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Ngnonbouwo
Ngnonbouwo is 57 years old, married, and a father. He has a small business providing office services. His customer base is becoming larger and larger, so he is requesting a loan to expand his business by adding computers and a printer in order to satisfy his customers and increase production. The profits earned from this loan will enable him no only to add various supplies and office equipment but also to [cover] day-to-day needs and especially the children's schooling costs.
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Ngnonbouwo est un de 57ans, marié père de famille .Il a un petit secrétariat, sa clientèle devient de plus en plus nombreuse alors il sollicite un crédit pour agrandir sa structure en ajoutant les ordinateurs et une imprimante pour pouvoir la satisfaire et augmenter sa production. Les bénéfices tirés de ce prêt lui permettront non seulement d'ajouter le petit matériel bureautique, mais aussi aux besoins quotidiens et surtout une partie de la scolarisation de leurs enfants

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
  • $1,161,000
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ngnonbouwo to purchase a computer and a printer for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2014