Mathias Njingang


Status: Paying Back - Delinquent

$900.00   Loan Amount
47% repaid

About the Entrepreneur

Name: Mathias Njingang
Location: Alabukam, Mankon, Nw. Province, Cameroon
Activity: Motorcycle Transport

About the Loan

Loan Amount: $900.00
Loan Use: To buy a motorbike and cover associated costs.
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 5, 2008
Date Disbursed: Sep 19, 2008
Date Funded:Sep 5, 2008

About the Country

Country:Cameroon
Avg Annual Income:$2,421.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:452.6635 XOF = 1 USD



Mathias Njingang has been a member of GHAPE since 2004, and has used several loans to expand his farm.

Like some other long-term loan recipients, Mathias is keen to diversify his business beyond agriculture. To that end, he hopes this loan will allow him to buy a motorbike and cover the associated registration and insurance costs. In this part of Cameroon, bikes are a good way of moving goods and people to and from town, as the roads become impassable to bigger vehicles after it rains.

Mathias speaks highly of the good that GHAPE has done for him and his community. He says it is the first NGO to come to his area, and it has taught people about living in healthy places, educated their children and explained business development to him and many of his neighbors.

Mathias is single and says he wants to use profits of his labour to look after his health and education, and ultimately to build a house.

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Journal entries for Mathias Njingang


Loan has been disbursed
 
Entrepreneur: Mathias Njingang
Location: Alabukam, Mankon, Nw. Province, Cameroon

Thank you for your loan. It has been disbursed to Mathias Njingang by Grounded and Holistic Approach for People's Empowerment (GHAPE) in Cameroon. We are excited to watch this business grow. Over the next 24 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 Alabukam, Mankon, Nw. Province, Cameroon
Sep 20, 2008
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Interview with Mathias!
 
Entrepreneur: Mathias Njingang
Location: Alabukam, Mankon, Nw. Province, Cameroon

Check out this interview with Mathias regarding the progress and challenges he has faced with his loan and business!


Posted by Kristy Callahan from Alabukam, Mankon, Nw. Province, Cameroon
May 13, 2009
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Kiva Help Repayment Schedule for Mathias Njingang

  Expected Repayments Actual Repayments Comments
December 2008 $37.50 $38.00 Repayment Received
January 2009 $37.50 $37.00 Repayment Received
February 2009 $37.50 $0.00 Repayment Received
March 2009 $37.50 $0.00 Repayment Received
April 2009 $37.50 $10.72 Repayment Received
May 2009 $37.50 $42.86 Repayment Received
June 2009 $37.50 $42.86 Repayment Received
July 2009 $37.50 $42.86 Repayment Received
August 2009 $37.50 $42.86 Repayment Received
September 2009 $37.50 $42.86 Repayment Received
October 2009 $37.50 $42.86 Repayment Received
November 2009 $37.50 $42.86 Delinquent
December 2009 $37.50 $42.86  
January 2010 $37.50 Available Jan 1  
February 2010 $37.50 Available Feb 1  
March 2010 $37.50 Available Mar 1  
April 2010 $37.50 Available Apr 1  
May 2010 $37.50 Available May 1  
June 2010 $37.50 Available Jun 1  
July 2010 $37.50 Available Jul 1  
August 2010 $37.50 Available Aug 1  
September 2010 $37.50 Available Sep 1  
October 2010 $37.50 Available Oct 1  
November 2010 $37.50 Available Nov 1