Azindoh Hycenta


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Azindoh Hycenta
Location: Nkwen, Bamenda, Nw Province, Cameroon
Activity: Retail

About the Loan

Loan Amount: $675.00
Loan Use: Buying of palm oil, rice, groundnuts, beans
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 8, 2009
Date Disbursed: Sep 15, 2009
Date Funded:Sep 8, 2009

About the Country

Country:Cameroon
Avg Annual Income:$2,421.00
Currency:Communauté Financière Africaine Francs BEAC (XAF)
Exchange Rate:457.5592 XAF = 1 USD



Hycenta is married with three children. She lives in upper GTTC Nkwen- Cameroon. Hycenta and her entire family are living in a house with 3 rooms.

Hycenta had to overcome some challenges in life such as taking care of her children; supporting her husband to take pay her children school fees

This will be Helens fourth time to receive loan from GHAPE. She has been a member since 2004 She has been quite successful in the past with her business due to her location of her business, and her reasonable prices. Also with the experience, she is now having good profit from the business.

Part of her profits from this loan will be used to take care of her children, buy necessities for the family and give them good medication when ever they sick and will cloth her children.

The Grounded and Holistic Approach to People's Empowerment (GHAPE) is a non-profit NGO based in Bamenda, Cameroon. GHAPE works towards the empowerment of the poor and poverty alleviation through a highly multi-faceted approach. Every client is trained in business management, basic health, life skills, financial management, profits and losses, and family values. Clients are also required to contribute a small amount into a personal savings account; most clients save much more than the minimum requirement. GHAPE instils a sense of family and community within its clients and staff and has developed a strong bond of trust between the organization and its clients



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Journal entries for Azindoh Hycenta


Loan has been disbursed
 
Entrepreneur: Azindoh Hycenta
Location: Nkwen, Bamenda, Nw Province, Cameroon

Thank you for your loan. It has been disbursed to Azindoh Hycenta by Grounded and Holistic Approach for People's Empowerment (GHAPE) in Cameroon. We are excited to watch this business grow. Over the 17 months of this loan, Grounded and Holistic Approach for People's Empowerment (GHAPE) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nkwen, Bamenda, Nw Province, Cameroon
Sep 15, 2009
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Journal Update
 
Entrepreneur: Azindoh Hycenta
Location: Nkwen, Bamenda, Nw Province, Cameroon

Her loan of 300.000frswas invested to buy water fufu,garri,beans,rice,groundnuts,corn eru.She also did some farm work with part of her loan to buy seedlings.She is a very good business woman.She has no problem as of noe in investing her loan.Grounded and Holistic Approach for People's Empowerment - provides loans and other financial and non-financial services to those in poverty. GHAPE is based in Bamenda, Cameroon.


Posted by Mercy Bertha Nahvoma from Nkwen, Bamenda, Nw Province, Cameroon
Nov 23, 2009
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Kiva Help Repayment Schedule for Azindoh Hycenta

  Expected Repayments Actual Repayments Comments
February 2010 $22.50 Available Feb 1  
March 2010 $45.00 Available Mar 1  
April 2010 $45.00 Available Apr 1  
May 2010 $45.00 Available May 1  
June 2010 $45.00 Available Jun 1  
July 2010 $45.00 Available Jul 1  
August 2010 $45.00 Available Aug 1  
September 2010 $45.00 Available Sep 1  
October 2010 $45.00 Available Oct 1  
November 2010 $45.00 Available Nov 1  
December 2010 $45.00 Available Dec 1  
January 2011 $45.00 Available Jan 1  
February 2011 $45.00 Available Feb 1  
March 2011 $45.00 Available Mar 1  
April 2011 $45.00 Available Apr 1  
May 2011 $22.50 Available May 1