Folashade Abudulsalam
Status: Paying Back
| $900.00 | Loan Amount |
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53% repaid
About the Entrepreneur
| Name: | Folashade Abudulsalam |
|---|---|
| Location: | Lagos State, Nigeria |
| Activity: | Cement |
About the Loan
| Loan Amount: | $900.00 |
|---|---|
| Loan Use: | To purchase cement 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 19, 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: | 6378 |
| Total Loans: | $3,843,775 |
| 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: | 158.5000 NGN = 1 USD |
Folashade sells cement and bricks and has been in this business since 2004. She also makes bricks which she supplies to those building houses. With profit from this business through past loan she said her children’s school fees are always paid on time unlike before now when the situation was different. Folashade hopes for the loan amount of N140,000 to purchase cement to sell, this she said will enable her meet customers demand and also make more blocks for sale. Folashade is 43 years old and married with five children. She says thank you.
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Journal entries for Folashade Abudulsalam
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Loan has been disbursed
Location: Lagos State, Nigeria
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Posted by
from Lagos State, Nigeria
Aug 20, 2009 |
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Comment on this entry
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Repayment Schedule for Folashade Abudulsalam
Repayment Schedule for Folashade Abudulsalam
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $112.50 | $225.00 |  Repayment Received
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| November 2009 | $112.50 | $112.50 | Repayment Received
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| December 2009 | $112.50 | $144.64 | Repayment Received
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| January 2010 | $112.50 | Available Jan 1 | Repayment Received
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| February 2010 | $112.50 | Available Feb 1 | |||
| March 2010 | $112.50 | Available Mar 1 | |||
| April 2010 | $112.50 | Available Apr 1 | |||
| May 2010 | $112.50 | Available May 1 | |||
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