Grace Anjei Kwende


Status: Paid Back

$975.00   Loan Request
$975.00   Paid Back

About the Entrepreneur

Name: Grace Anjei Kwende
Location: Ntahsen Market Square, Nw. Province, Cameroon
Activity: Pigs

About the Loan

Loan Amount: $975.00
Loan Use: To buy materials for new pig pen, and piglets and firewood
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 4, 2008
Date Disbursed: Jul 19, 2008
Date Funded:Jul 5, 2008
Loan Ended:Nov 15, 2009

About the Country

Country:Cameroon
Avg Annual Income:$2,421.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:415.4274 XOF = 1 USD



Grace was born on 15/8/1959, and is married with seven children with one below 15 years. Faced with some challenges in life like ill health, the death of her father and younger brother, and being a school dropout, life was very difficult and complicated for her until she came to GHAPE in 2006. Thus far, she has obtained two loans of $40 and $300 respectively and the repayment was satisfactory. The loans accomplished many things, such as paying school fees for her children and grandchildren, supporting the health of her family and feeding the family.

Given this loan, Grace plans to construct a new pig pen, electrify the pig pen to give light to the pigs when they are about to deliver at night. She also plans to buy 10 piglets to add to the ones she already has, to prepare a packing space for her firewood, and to continue buying and splitting of wood. She promises to start repayment at the fourth month from the date of disbursement.

With the profit from the loan, she plans to expand her business, continue to pay school fees for her children and grandchildren, and take care of the health and feeding in the family.

Grace prefers a loan from GHAPE because the means of repayment is easier, the loan scheme is encouraging, the interest paid on GHAPE loans is relatively low as compared to other financial institution, and lastly, GHAPE does proper follow up with their clients to ensure the loan is manage judiciously.

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Peter
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Julie
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Steve
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Silke
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andrzej
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Susan
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Mark
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Rosemary
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Twain
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Blessed Sacrament PJ's
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Nathan
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Mark
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Maite
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Jane
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Journal entries for Grace Anjei Kwende


Loan has been disbursed
 
Entrepreneur: Grace Anjei Kwende
Location: Ntahsen Market Square, Nw. Province, Cameroon

Thank you for your loan. It has been disbursed to Grace Anjei Kwende by Grounded and Holistic Approach for People's Empowerment (GHAPE) in Cameroon. We are excited to watch this business grow. Over the next 18 months, 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 Ntahsen Market Square, Nw. Province, Cameroon
Jul 19, 2008
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Update on Grace!
 
Entrepreneur: Grace Anjei Kwende
Location: Ntahsen Market Square, Nw. Province, Cameroon

Check out this interview with Grace regarding the progress and challenges of her loan and business!


Posted by Kristy Callahan from Ntahsen Market Square, Nw. Province, Cameroon
May 13, 2009
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Kiva Help Repayment Schedule for Grace Anjei Kwende

  Expected Repayments Actual Repayments Comments
October 2008 $54.17 $0.00 Repayment Received
November 2008 $54.17 $0.00 Repayment Received
December 2008 $54.17 $0.00 Repayment Received
January 2009 $54.17 $0.00 Repayment Received
February 2009 $54.17 $65.01 Repayment Received
March 2009 $54.17 $65.01 Repayment Received
April 2009 $54.17 $65.01 Repayment Received
May 2009 $54.17 $65.01 Repayment Received
June 2009 $54.17 $65.00 Repayment Received
July 2009 $54.17 $65.01 Repayment Received
August 2009 $54.17 $65.01 Repayment Received
September 2009 $54.17 $65.01 Repayment Received
October 2009 $54.17 $65.01 Repayment Received
November 2009 $54.17 $65.01 Repayment Received
December 2009 $54.17 $324.91 Repayment Received
January 2010 $54.17 Available Jan 1 Repayment Received
February 2010 $54.17 Available Feb 1 Repayment Received
March 2010 $54.11 Available Mar 1 Repayment Received