Fausatiu Akintomide


Status: Paying Back

$950.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Fausatiu Akintomide
Location: Lagos State, Nigeria
Activity: Clothing

About the Loan

Loan Amount: $950.00
Loan Use: To purchase more tailoring materials to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 2, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Oct 2, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:147.6000 NGN = 1 USD



Fausatiu is 42 years old and she has 2 children. Her children are all schooling. She sells tailoring materials and sarongs.She started this business in 2006.The demands for her tailoring materials is high and she hopes to meet the demands of her customers. She hopes for the loan amount of N140,000 to purchase more tailoring materials to sell. She says thanks to all kiva lenders.

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Journal entries for Fausatiu Akintomide


Loan has been disbursed
 
Entrepreneur: Fausatiu Akintomide
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Fausatiu Akintomide 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
Oct 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Fausatiu Akintomide

  Expected Repayments Actual Repayments Comments
December 2009 $118.75 $118.75 Repayment Received
January 2010 $118.75 Available Jan 1  
February 2010 $118.75 Available Feb 1  
March 2010 $118.75 Available Mar 1  
April 2010 $118.75 Available Apr 1  
May 2010 $118.75 Available May 1  
June 2010 $118.75 Available Jun 1  
July 2010 $118.75 Available Jul 1