Fru Donatus Chi

Status: Refunded

$600.00		Loan Request

About the Entrepreneur

Name:	Fru Donatus Chi
Location:	Alabukam, Mankon, Nw. Province, Cameroon
Activity:	Motorcycle Transport

About the Loan

Loan Amount:	$600.00
Loan Use:	Purchase of motor bike
Repayment Term:	20 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Sep 1, 2007
Date Disbursed:	Sep 16, 2007
Date Funded:	Sep 2, 2007
Refund Date:	Dec 20, 2007

About the Field Partner

Field Partner:

Grounded and Holistic Approach for People's Empowerment (GHAPE)

Field Partner Risk Rating:

(Learn more)

Active

33 months

599

$310,325

N/A - see note

0.92%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Cameroon
Avg Annual Income:	$2,421.00
Currency:	United States Dollars (USD)

Fru was born in 1970 and is a father of two. Relying on crop cultivation as his sole source of income was not sufficient to provide for his family. He thought of expanding his activities by selling firewood but lacked the capital. This pushed him to join GHAPE, where he received his first loans of $40 and $120 in 2005 and 2006 respectively. These loans empowered him to sell firewood, which is a necessary source of energy, as well as raise money to provide for his family's basic needs.

He is now reqesting a $600 loan with which he plans to operate a motor bike business and raise money to pay his children’s school fees.

He plans to pay back his loan in 18 months. The first loan repayment installment will be made on the fourth month from the date of disbursement of the loan.

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Sam
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Anonymous
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John
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Michael
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Journal entries for Fru Donatus Chi

JOURNAL Entrepreneur: Fru Donatus Chi Location: Alabukam, Mankon, Nw. Province, Cameroon Business with posting #16090 belonging to Fru Donatus Chi has not been mark as disbursed. This was because member travel out of the Province to the Littoral Province (Douala )before the funds were raised and till date he has not return .The group members were contributing for him with the intension that he will return .However his account was close during the last meeting of December . These funds will be return to the lenders during this month repayment on the website.
Posted by Loveline Neh from Alabukam, Mankon, Nw. Province, Cameroon Dec 20, 2007
Comment on this entry

Loan Refunded Entrepreneur: Fru Donatus Chi Location: Alabukam, Mankon, Nw. Province, Cameroon This loan has been refunded for the following reason: This member traveled out of the Province to the Littoral Province (Douala) before the funds were raised and, to date, he has not yet returned. The members of the group were covering for him with the hopes that he would return soon. However, his account was closes during the last meeting of December. These funds are now being returned to you so that you can reloan to another entrepreneur.
Posted by Chelsa Bocci, Kiva Staff, from San Francisco, United States Dec 20, 2007
Comment on this entry

Repayment Schedule for Fru Donatus Chi

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	Expected Repayments	Actual Repayments	Comments
December 2007	$33.33	$0.00	Repayment Received
January 2008	$33.33	$0.00	Repayment Received
February 2008	$33.33	$0.00	Repayment Received
March 2008	$33.33	$0.00	Repayment Received
April 2008	$33.33	$0.00	Repayment Received
May 2008	$33.33	$0.00	Repayment Received
June 2008	$33.33	$0.00	Repayment Received
July 2008	$33.33	$0.00	Repayment Received
August 2008	$33.33	$0.00	Repayment Received
September 2008	$33.33	$0.00	Repayment Received
October 2008	$33.33	$0.00	Repayment Received
November 2008	$33.33	$0.00	Repayment Received
December 2008	$33.33	$0.00	Repayment Received
January 2009	$33.33	$0.00	Repayment Received
February 2009	$33.33	$0.00	Repayment Received
March 2009	$33.33	$0.00	Repayment Received
April 2009	$33.33	$0.00	Repayment Received
May 2009	$33.39	$0.00	Repayment Received