Folake Adeniyi


Status: Paying Back

$350.00   Loan Amount
62% repaid

About the Entrepreneur

Name: Folake Adeniyi
Location: Lagos State, Nigeria
Activity: Beauty Salon

About the Loan

Loan Amount: $350.00
Loan Use: To purchase more styling cream and hair extensions to sell
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 16, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:147.7000 NGN = 1 USD



Folake is 35 years old and married with three children. She styles and braids hair for her customers within her community in Lagos state, Nigeria. She also sells hair cream and hair extensions. Folake hopes for the loan amount of N 50,000 to purchase styling creams and hair extensions to sell. She says thank you.

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Journal entries for Folake Adeniyi


Loan has been disbursed
 
Entrepreneur: Folake Adeniyi
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Folake Adeniyi 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 17, 2009
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Kiva Help Repayment Schedule for Folake Adeniyi

  Expected Repayments Actual Repayments Comments
September 2009 $43.75 $87.50 Repayment Received
October 2009 $43.75 $43.75 Repayment Received
November 2009 $43.75 $43.75 Repayment Received
December 2009 $43.75 $43.75 Repayment Received
January 2010 $43.75 Available Jan 1 Repayment Received
February 2010 $43.75 Available Feb 1  
March 2010 $43.75 Available Mar 1  
April 2010 $43.75 Available Apr 1