Mutiatu Showemimo


Status: Paid Back

$975.00   Loan Request
$975.00   Paid Back

About the Entrepreneur

Name: Mutiatu Showemimo
Location: Lagos State, Nigeria
Activity: Grocery Store

About the Loan

Loan Amount: $975.00
Loan Use: To purchase more provisions to sell
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 11, 2009
Loan Ended:Nov 15, 2009

About the Country

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



Mutiatu sells provisions wholesale and retail. She started this business seven years ago. She hopes for the loan amount of N 140,000 to purchase more provisions to sell. She is 65 years old and a widow with five children and many grandchildren. She says thank you to all Kiva lenders.

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Journal entries for Mutiatu Showemimo


Loan has been disbursed
 
Entrepreneur: Mutiatu Showemimo
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Mutiatu Showemimo 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 12, 2009
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Kiva Help Repayment Schedule for Mutiatu Showemimo

  Expected Repayments Actual Repayments Comments
July 2009 $121.88 $243.75 Repayment Received
August 2009 $121.88 $121.88 Repayment Received
September 2009 $121.88 $121.88 Repayment Received
October 2009 $121.88 $121.88 Repayment Received
November 2009 $121.88 $121.88 Repayment Received
December 2009 $121.88 $243.73 Repayment Received
January 2010 $121.88 Available Jan 1 Repayment Received
February 2010 $121.84 Available Feb 1 Repayment Received