Fumilayo Michael
Status: Paying Back
| $650.00 | Loan Amount |
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37% repaid
About the Entrepreneur
| Name: | Fumilayo Michael |
|---|---|
| Location: | Lagos State, Nigeria |
| Activity: | Construction Supplies |
About the Loan
| Loan Amount: | $650.00 |
|---|---|
| Loan Use: | To purchase more sand, granite and rebar 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 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: | 156.0000 NGN = 1 USD |
Fumilayo lives in Lagos and she sells building materials like sand, granite and rebar. She has been in this business for the past 12 years. Fumilayo is 40 years old, married and has 2 children. She is requesting a loan in the amount of NGN100,000 to purchase more building materials to sell. She thanks you.
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Journal entries for Fumilayo Michael
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Loan has been disbursed
Location: Lagos State, Nigeria
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Posted by
from Lagos State, Nigeria
Aug 18, 2009 |
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Comment on this entry
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Repayment Schedule for Fumilayo Michael
Repayment Schedule for Fumilayo Michael
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $81.25 | $81.25 |  Repayment Received
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| November 2009 | $81.25 | $81.25 | Repayment Received
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| December 2009 | $81.25 | $81.25 | Repayment Received
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| 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 | |||
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