Ada Odeh


Status: Paying Back

$700.00   Loan Amount
75% repaid

About the Entrepreneur

Name: Ada Odeh
Location: Lagos State, Nigeria
Activity: Soft Drinks

About the Loan

Loan Amount: $700.00
Loan Use: To purchase more drinks for resale.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 16, 2009
Date Disbursed: Apr 6, 2009
Date Funded:Apr 16, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:147.5000 NGN = 1 USD



Ada is 41 year old widow with 3 children. She sells drinks to make a living and has been working in this business for a long time. Ada is hoping for a loan of NGN100,000 to purchase more drinks to sell, thereby expanding her business with this Kiva loan. She says thanks to all Kiva lenders for their financial support.

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Journal entries for Ada Odeh


Loan has been disbursed
 
Entrepreneur: Ada Odeh
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Ada Odeh by Lift Above Poverty Organization (LAPO) in Nigeria. We are excited to watch this business grow. Over the 8 months of this loan, Lift Above Poverty Organization (LAPO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lagos State, Nigeria
Apr 17, 2009
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Kiva Help Repayment Schedule for Ada Odeh

  Expected Repayments Actual Repayments Comments
July 2009 $87.50 $87.50 Repayment Received
August 2009 $87.50 $87.50 Repayment Received
September 2009 $87.50 $87.50 Repayment Received
October 2009 $87.50 $87.50 Repayment Received
November 2009 $87.50 $87.50 Repayment Received
December 2009 $87.50 $87.50 Repayment Received
January 2010 $87.50 Available Jan 1  
February 2010 $87.50 Available Feb 1