Udor Theresa


Status: Paying Back

$950.00   Loan Amount
62% repaid

About the Entrepreneur

Name: Udor Theresa
Location: Lagos State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $950.00
Loan Use: To purchase more drums of oil to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 25, 2009
Date Disbursed: May 29, 2009
Date Funded:Jun 26, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:149.0300 NGN = 1 USD



Theresa sells cooking oil. She is requesting a loan of N140,000 to purchase more drums of oil to sell. She promises to pay back the loan in eight equal installments. Theresa is 43 years old, has three children and is a widow. She says thank you.

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Journal entries for Udor Theresa


Loan has been disbursed
 
Entrepreneur: Udor Theresa
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Udor Theresa 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
Jun 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Udor Theresa

  Expected Repayments Actual Repayments Comments
August 2009 $118.75 $118.75 Repayment Received
September 2009 $118.75 $118.75 Repayment Received
October 2009 $118.75 $118.75 Repayment Received
November 2009 $118.75 $118.75 Repayment Received
December 2009 $118.75 $118.75 Repayment Received
January 2010 $118.75 Available Jan 1  
February 2010 $118.75 Available Feb 1  
March 2010 $118.75 Available Mar 1