Afriboom Crowd
MICROFINANCE INSTITUTE
"Our goal has always been to support entrepreneurs with vision. And such "African champions" cannot be measured by their equity capital. Through our microfinance institution, which has been able to acquire the necessary licences to successfully enter the Cameroonian market since January 2020, we are finally in a position to provide financial support to entrepreneurs of all sizes. From 100€ to millions, we can bring our commitment and expertise to projects and support them through our financing elements, if we are convinced of their background and vision. We want to enable Africa's lone wolves, who are struggling despite their difficult environment, to receive the kind of help that will help them in their entrepreneurial development.
This can be a small baker who would like to expand his business step by step. But a woman who needs financial support in her market business is equally welcome. We want to reach out to a large section of the lower and middle society through our microfinance institution to stabilise and promote them."
afriboom Gmbh
The project owner and issuer of this investment project is afriboom GmbH. The implementation is supported by the subsidiary, "The German House Cameroon", based in Douala (Cameroon).
Very many viable entrepreneurial ideas in Africa are driven by people with small financing needs. In addition to classic micro-credit, our microfinance includes: savings, insurance, as well as money transfer services.
Our clients have optimal conditions with regard to their social environment and the expected turnover. Often, the latter is not yet available, since in Africa, many businesses start from scratch.
We help dynamic actors, lone wolves, women's groups and others to access banking services so that they can develop personally and in business.
Through the afriboom investments made possible by the Afriboomcrowd, we thus jointly contribute to self-help, poverty reduction, economic development, internal political improvement and the stabilisation of the "business community".
Notice pursuant to Section 12 (2) of the German Investment Act (Vermögensanlagegesetz)
Notice pursuant to § 12 para. 2 of the German Investment Act (Vermögensanlagegesetz): The acquisition of this investment involves considerable risks and may lead to the complete loss of the invested assets.
At the moment, the subsidiary TGHC and the Microfinance Institute (IMF) are only based in Cameroon. From the loan made possible by Afriboomcrowd, we want to build a first-class reputation and a stable, efficient banking business in Douala. The expansion to Yaounde and other business locations in Cameroon will follow quickly. Once we have achieved our goals in Cameroon, expansion into neighbouring countries will quickly follow.
Afriboomcrowd is a crowdinvesting platform initiated by afriboom GmbH for profitable African projects with a focus on developing and emerging countries. The crowdinvesting platform afriboomcrowd enables private investors to benefit financially from a diversity of African projects from the portfolio of afriboom GmbH and at the same time to support local economic development in developing and emerging countries as well as to fight poverty.
The online platform afriboomcrowd is operated by CrowdDesk GmbH. CrowdDesk GmbH is a company independent of afriboom GmbH.
The cooperation between afriboomcrowd, CrowdDesk GmbH and afriboom GmbH works as follows:
As part of the cooperation, afriboom GmbH focuses on identifying and selecting suitable projects that are proposed to the crowdinvesting platform afriboomcrowd for placement. As a technical financial service provider and financial investment broker, CrowdDesk GmbH provides the technical infrastructure and commercial services and operates the online platform afriboomcrowd
As an investor, you receive a return of 5.00 % p.a. (+ 0.50 % in the case of the Early Bird Bonus). (+ 0.50 % in the case of the Early Bird Bonus) with a term of 5 years, for the first time on 01.07.2021.. Repayment is made together with the interest payments owed as part of the annuity payments (annually).
Contribute to effective development aid now and invest in this project
Current situation regarding Covid-19
In the current and novel pandemic-related situation, it is important not to draw short-sighted conclusions.
Africa has a population of about 1.3 billion people. In the meantime, however, a middle class of about 170 million people has emerged. Due to the pandemic situation, about eight million of them are threatened in their economic enterprise.
In dem letzten Jahrzehnt hat der Mittelstand einen enormen Teil zu der Entwicklung von Bildung, Politik und Wirtschaft beigetragen. So soll auch unser IMF dazu beitragen einen Kollaps des Mittelstands zu vermeiden, denn obwohl das Wirtschaftswachstum in den letzten Jahren sehr stark ist, würde es für ein afrikanisches land deutlich länger dauern sich von diesem Rückschlag zu erholen, wie für ein entwickelteres Land.
Durch die Afriboom Investments können wir also gemeinsam von unten gegen die möglichen Auswirkungen von Covid-19 auf die Wirtschaft, herangehen.
The final customers in this project are both afriboom GmbH and its subsidiary, The German House Cameroon, based in Douala.
Secure a higher interest rate of 5.50% instead of 5.00% in the first weeks of the campaign. Simply invest until XX.XX.2020 before 23:59 hrs.
As soon as the project has reached the funding threshold, we will be able to start.
Notice pursuant to § 12 para. 2 of the German Investment Act (Vermögensanlagegesetz): The acquisition of this investment involves considerable risks and may lead to the complete loss of the invested assets.
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