Babalola Catherine
Status: Paying Back
| $700.00 | Loan Amount |
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62% repaid
About the Entrepreneur
| Name: | Babalola Catherine |
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| Location: | Lagos State, Nigeria |
| Activity: | Retail |
About the Loan
| Loan Amount: | $700.00 |
|---|---|
| Loan Use: | To purchase 'spiritual' items to sell |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 11, 2009 |
| Date Disbursed: | May 20, 2009 |
| Date Funded: | Jun 19, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Lift Above Poverty Organization (LAPO) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 36 months |
| Kiva Entrepreneurs: | 6394 |
| Total Loans: | $3,851,600 |
| Delinquency Rate: | 0.23% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Nigeria |
|---|---|
| Avg Annual Income: | $1,188.00 |
| Currency: | Nigeria Nairas (NGN) |
| Exchange Rate: | 147.2500 NGN = 1 USD |
Catherine is 45 years old, and is married with four children. For over ten years she has run a business selling items such as candles and oil. Due to a constant increase in demand, and also to reduce the risks involved in being on the road often, she needs a loan of 100,000 NGN to enable her to purchase goods in large quantities and at a discount. She says this will enable her to meet her customers' needs. Catherine sends her thanks to Kiva lenders.
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Journal entries for Babalola Catherine
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Loan has been disbursed
Location: Lagos State, Nigeria
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Posted by
from Lagos State, Nigeria
Jun 20, 2009 |
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Comment on this entry
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Repayment Schedule for Babalola Catherine
Repayment Schedule for Babalola Catherine
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $87.50 | $87.50 |  Repayment Received
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| September 2009 | $87.50 | $87.50 | Repayment Received
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| October 2009 | $87.50 | $87.50 | Repayment Received
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| November 2009 | $87.50 | $87.50 | Repayment Received
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| December 2009 | $87.50 | $87.50 | Repayment Received
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| January 2010 | $87.50 | Available Jan 1 | |||
| February 2010 | $87.50 | Available Feb 1 | |||
| March 2010 | $87.50 | Available Mar 1 | |||
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