Andrea Aya Fondoh


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Andrea Aya Fondoh
Location: Mile 90nsongwa Nwp, Cameroon
Activity: Agriculture

About the Loan

Loan Amount: $400.00
Loan Use: Buying piglets and seedlings for cultivation
Repayment Term: 20 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Dec 15, 2008
Date Disbursed: Dec 17, 2008
Date Funded:Dec 16, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Cameroon
Avg Annual Income:$2,421.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:516.0119 XOF = 1 USD



Andrea was born on April 8th, 1968, and he is married to Victorine Ijang. They are blessed with three children only one of whom is under 15 years of age. As a hard-working young man, he has faced some major challenges in life such as the death of his mother, poor health, dropping out of school and inadequate funds to continue his business. Because of all these challenges, Andrea later found GHAPE as a source of relief in 2005. In that same year, he received his fist loan of 20,000FRS, then 45,000FRS in the year 2006, and 100,000FRS in the 2008. With all these loans, his repayments were done promptly.

With the new loan, he plans to buy piglets for 100,000FRS, one month old chicks for 100,000FRS, and he will use his personal contribution of 50,000FRS to buy seedlings for gardening. Andrea will start repayment at the fourth month from the day of loan disbursement. He plans to use the profit from the loan to educate his children, expand on his business, and buy for the children’s needs. The business of Andrea will help his community by providing organic manure to them for crop cultivation and provide vegetables to the community. He is convinced the business will succeed because of the experience he has as far as the business is concerned, and he has a ready market to supply his product.

Andrea prefers to take a loan from GHAPE because the method of repayment is good and comfortable for him, and proper follow-up is being done to ensure the loan is properly managed.

---
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 instills 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.

Subscribe

Lenders to this entrepreneur

Eva
Olomouc,
Czech Republic

Torgeir
Trondheim,
Norway

Keith
Cranbourne Park, Victoria
Australia

Michael
Auckland,
New Zealand

Claire & Richard
Dublin, Dublin
Ireland

dorit
Mountain View, CA
United States

Joshua

Israel

Kara
Portland, OR
United States

The Blair Family
London, London
United Kingdom

Michiel
Caracas, DF
Venezuela

Walter
Kirchweidach,
Germany



Top Lending Teams for this entrepreneur


Nurses and other Health Professionals
Common Interest
188 Members

Journal entries for Andrea Aya Fondoh


Loan has been disbursed
 
Entrepreneur: Andrea Aya Fondoh
Location: Mile 90nsongwa Nwp, Cameroon

Thank you for your loan. It has been disbursed to Andrea Aya Fondoh 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 Mile 90nsongwa Nwp, Cameroon
Dec 17, 2008
Comment on this entry

Kiva Help Repayment Schedule for Andrea Aya Fondoh

  Expected Repayments Actual Repayments Comments
May 2009 $0.00 $400.00  
June 2009 $26.66 $0.00 Repayment Received
July 2009 $26.66 $0.00 Repayment Received
August 2009 $26.66 $0.00 Repayment Received
September 2009 $26.66 $0.00 Repayment Received
October 2009 $26.66 $0.00 Repayment Received
November 2009 $26.66 $0.00 Repayment Received
December 2009 $26.66 Available Dec 1 Repayment Received
January 2010 $26.66 Available Jan 1 Repayment Received
February 2010 $26.66 Available Feb 1 Repayment Received
March 2010 $26.66 Available Mar 1 Repayment Received
April 2010 $26.66 Available Apr 1 Repayment Received
May 2010 $26.66 Available May 1 Repayment Received
June 2010 $26.66 Available Jun 1 Repayment Received
July 2010 $26.66 Available Jul 1 Repayment Received
August 2010 $26.76 Available Aug 1 Repayment Received