Modinot Falekulo
Status: Paying Back
| $950.00 | Loan Amount |
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62% repaid
About the Entrepreneur
| Name: | Modinot Falekulo |
|---|---|
| Location: | Lagos State, Nigeria |
| Activity: | Weaving |
About the Loan
| Loan Amount: | $950.00 |
|---|---|
| Loan Use: | To purchase more sewing materials |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 10, 2009 |
| Date Disbursed: | Jun 19, 2009 |
| Date Funded: | Jul 11, 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: | 147.7000 NGN = 1 USD |
Modinot sells tailoring materials and weaves cloth for tailors. She hopes for the loan amount of N 140,000 to purchase a weaving machine and tailoring materials. Modinot is 34 years old and married with two children. She says thank you.
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Journal entries for Modinot Falekulo
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Loan has been disbursed
Location: Lagos State, Nigeria
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Posted by
from Lagos State, Nigeria
Jul 12, 2009 |
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Comment on this entry
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Repayment Schedule for Modinot Falekulo
Repayment Schedule for Modinot Falekulo
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $118.75 | $237.50 |  Repayment Received
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| October 2009 | $118.75 | $118.75 | Repayment Received
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| November 2009 | $118.75 | $118.75 | Repayment Received
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| December 2009 | $118.75 | $118.75 | Repayment Received
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| January 2010 | $118.75 | Available Jan 1 | Repayment Received
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| February 2010 | $118.75 | Available Feb 1 | |||
| March 2010 | $118.75 | Available Mar 1 | |||
| April 2010 | $118.75 | Available Apr 1 | |||
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