Omolola Olaniyu


Status: Paying Back

$650.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Omolola Olaniyu
Location: Lagos State, Nigeria
Activity: Food Stall

About the Loan

Loan Amount: $650.00
Loan Use: To buy slippers and foodstuff to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 19, 2009
Date Disbursed: Jul 20, 2009
Date Funded:Aug 21, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:158.5000 NGN = 1 USD



Omolola is 32 years old, married and has three children. She makes a living selling foodstuffs and slippers. She is requesting a loan for N100,000 to buy more items to sell. She started her business eight years ago and has done very well. Omolola lives with her family in Lagos state, and says thank you to all Kiva lenders.

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Journal entries for Omolola Olaniyu


Loan has been disbursed
 
Entrepreneur: Omolola Olaniyu
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Omolola Olaniyu 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 22, 2009
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Kiva Help Repayment Schedule for Omolola Olaniyu

  Expected Repayments Actual Repayments Comments
October 2009 $81.25 $143.00 Repayment Received
November 2009 $81.25 $100.75 Repayment Received
December 2009 $81.25 $81.25 Repayment Received
January 2010 $81.25 Available Jan 1 Repayment Received
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