Marian Alakhemen


Status: Paying Back

$925.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Marian Alakhemen
Location: Warri, Delta State, Nigeria
Activity: Food Production/Sales

About the Loan

Loan Amount: $925.00
Loan Use: To purchase more sarongs and baking materials to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 17, 2009
Date Disbursed: Sep 4, 2009
Date Funded:Sep 22, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:153.7500 NGN = 1 USD



Marian sells sarongs and baking materials such as baking powder, flour, etc. She has been in this business for a long time. She is married with nine children and she is 45 years old. She lives in Warri, Delta State, Nigeria. She requests the loan amount of 140,000 NGN to purchase more sarongs and baking materials to sell. She says thanks to all Kiva lenders.

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Journal entries for Marian Alakhemen


Loan has been disbursed
 
Entrepreneur: Marian Alakhemen
Location: Warri, Delta State, Nigeria

Thank you for your loan. It has been disbursed to Marian Alakhemen 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 Warri, Delta State, Nigeria
Sep 23, 2009
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Kiva Help Repayment Schedule for Marian Alakhemen

  Expected Repayments Actual Repayments Comments
December 2009 $115.63 $115.63 Repayment Received
January 2010 $115.62 Available Jan 1  
February 2010 $115.63 Available Feb 1  
March 2010 $115.62 Available Mar 1  
April 2010 $115.63 Available Apr 1  
May 2010 $115.62 Available May 1  
June 2010 $115.63 Available Jun 1  
July 2010 $115.62 Available Jul 1