Gladys Amadi


Status: Paying Back

$700.00   Loan Amount
85% repaid

About the Entrepreneur

Name: Gladys Amadi
Location: Lagos State, Nigeria
Activity: Food

About the Loan

Loan Amount: $700.00
Loan Use: To buy a generator and additional drinks to sell to her customers.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 20, 2009
Date Funded:May 2, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:147.2500 NGN = 1 USD



Gladys owns a restaurant where she sells cooked foods and drinks. She has applied for a loan to buy a generator and more drinks to sell. The generator will allow her to sell cold drinks even during power outages. Gladys is 49 years old, married and has three children. She wishes to express her thanks to all Kiva lenders for their generosity and support.

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Journal entries for Gladys Amadi


Loan has been disbursed
 
Entrepreneur: Gladys Amadi
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Gladys Amadi 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
May 3, 2009
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Kiva Help Repayment Schedule for Gladys Amadi

  Expected Repayments Actual Repayments Comments
July 2009 $87.50 $105.00 Repayment Received
August 2009 $87.50 $105.00 Repayment Received
September 2009 $87.50 $105.00 Repayment Received
October 2009 $87.50 $105.00 Repayment Received
November 2009 $87.50 $105.00 Repayment Received
December 2009 $87.50 $70.00 Repayment Received
January 2010 $87.50 Available Jan 1  
February 2010 $87.50 Available Feb 1