Rachael Idowu


Status: Paying Back

$650.00   Loan Amount
37% repaid

About the Entrepreneur

Name: Rachael Idowu
Location: Lagos State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $650.00
Loan Use: To purchase more tomatoes and onions to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 17, 2009
Date Disbursed: Jul 20, 2009
Date Funded:Aug 17, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:156.0000 NGN = 1 USD



Rachael is 48 years old and the mother of six children. For the past 17 years she has been selling foodstuffs in the market. She goes to Mile 12 market in Lagos to buy her produce. Rachael has been with Kiva partner, LAPO, for the past two years, and is requesting the loan amount of 100,000 NGN to purchase more foodstuffs to sell. She sends her thanks to all Kiva lenders for their support.

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Journal entries for Rachael Idowu


Loan has been disbursed
 
Entrepreneur: Rachael Idowu
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Rachael Idowu 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
Aug 18, 2009
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Kiva Help Repayment Schedule for Rachael Idowu

  Expected Repayments Actual Repayments Comments
October 2009 $81.25 $81.25 Repayment Received
November 2009 $81.25 $81.25 Repayment Received
December 2009 $81.25 $81.25 Repayment Received
January 2010 $81.25 Available Jan 1  
February 2010 $81.25 Available Feb 1  
March 2010 $81.25 Available Mar 1  
April 2010 $81.25 Available Apr 1  
May 2010 $81.25 Available May 1