Ndeh Peter
Status: Paying Back - Delinquent
| $850.00 | Loan Amount |
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42% repaid
About the Entrepreneur
| Name: | Ndeh Peter |
|---|---|
| Location: | Alabukam, Mankon, Nw. Province, Cameroon |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $850.00 |
|---|---|
| Loan Use: | Buy farm supplies |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 12, 2008 |
| Date Disbursed: | Oct 27, 2008 |
| Date Funded: | Oct 13, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Grounded and Holistic Approach for People's Empowerment (GHAPE) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 33 months |
| Kiva Entrepreneurs: | 599 |
| Total Loans: | $310,325 |
| Delinquency Rate: | N/A - see note |
| Default Rate: | 0.92% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Cameroon |
|---|---|
| Avg Annual Income: | $2,421.00 |
| Currency: | Communauté Financière Africaine Francs BCEAO (XOF) |
| Exchange Rate: | 482.9137 XOF = 1 USD |
Ndeh Peter is married and has six children. Since childhood, Peter has been a very hard working man. The death of his two brothers made him to strain himself too much, because he was to continue the education of their children. He tried borrowing money from other financial institutions, but had problems of repaying due to high interest rates.
With this burden on him, he went to GHAPE, where he could borrow money to invest and care for the children's education and needs. Motivated by his ambitions as a farmer, he joined GHAPE in order to borrow money and also benefit from their numerous trainings on techniques of loan usage and management. He has taken loans seven times and repaid without any problems.
With the profit from this loan he will be able to maintain himself and the family. He will use this loan to buy farm supplies, including piglets, chicks, seedlings, and a water pump. He plans to repay the loan in 24 months, with the first repayment four months after disbursement.
With this burden on him, he went to GHAPE, where he could borrow money to invest and care for the children's education and needs. Motivated by his ambitions as a farmer, he joined GHAPE in order to borrow money and also benefit from their numerous trainings on techniques of loan usage and management. He has taken loans seven times and repaid without any problems.
With the profit from this loan he will be able to maintain himself and the family. He will use this loan to buy farm supplies, including piglets, chicks, seedlings, and a water pump. He plans to repay the loan in 24 months, with the first repayment four months after disbursement.
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Journal entries for Ndeh Peter
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Loan has been disbursed
Location: Alabukam, Mankon, Nw. Province, Cameroon
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Posted by
from Alabukam, Mankon, Nw. Province, Cameroon
Oct 28, 2008 |
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Comment on this entry
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Repayment Schedule for Ndeh Peter
Repayment Schedule for Ndeh Peter
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2009 | $35.42 | $0.00 |  Repayment Received
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| February 2009 | $35.42 | $0.00 | Repayment Received
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| March 2009 | $35.42 | $0.00 | Repayment Received
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| April 2009 | $35.42 | $40.48 | Repayment Received
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| May 2009 | $35.42 | $40.48 | Repayment Received
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| June 2009 | $35.42 | $40.48 | Repayment Received
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| July 2009 | $35.42 | $40.48 | Repayment Received
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| August 2009 | $35.42 | $40.48 | Repayment Received
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| September 2009 | $35.42 | $40.48 | Repayment Received
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| October 2009 | $35.42 | $40.48 | Repayment Received
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| November 2009 | $35.42 | $40.48 |  Delinquent
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| December 2009 | $35.42 | $40.48 | |||
| January 2010 | $35.42 | Available Jan 1 | |||
| February 2010 | $35.42 | Available Feb 1 | |||
| March 2010 | $35.42 | Available Mar 1 | |||
| April 2010 | $35.42 | Available Apr 1 | |||
| May 2010 | $35.42 | Available May 1 | |||
| June 2010 | $35.42 | Available Jun 1 | |||
| July 2010 | $35.42 | Available Jul 1 | |||
| August 2010 | $35.42 | Available Aug 1 | |||
| September 2010 | $35.42 | Available Sep 1 | |||
| October 2010 | $35.42 | Available Oct 1 | |||
| November 2010 | $35.42 | Available Nov 1 | |||
| December 2010 | $35.34 | Available Dec 1 | |||
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