Funke Salami


Status: Paying Back

$950.00   Loan Amount
62% repaid

About the Entrepreneur

Name: Funke Salami
Location: Lagos State, Nigeria
Activity: Tailoring

About the Loan

Loan Amount: $950.00
Loan Use: To purchase more tailoring materials to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 9, 2009
Date Disbursed: Jun 19, 2009
Date Funded:Jul 9, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:148.3500 NGN = 1 USD



Funke is a tailor and she also sells tailoring materials. She hopes for the loan of N140,000 to purchase more tailoring materials to sell.

Funke is 29 years old and single without a child. She says thank you.


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Journal entries for Funke Salami


Loan has been disbursed
 
Entrepreneur: Funke Salami
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Funke Salami 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
Jul 10, 2009
Comments (1)

Kiva Help Repayment Schedule for Funke Salami

  Expected Repayments Actual Repayments Comments
September 2009 $118.75 $237.50 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 Repayment Received
February 2010 $118.75 Available Feb 1  
March 2010 $118.75 Available Mar 1  
April 2010 $118.75 Available Apr 1