Funke Olayode


Status: Paying Back

$275.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Funke Olayode
Location: Ibadan, Oyo State, Nigeria
Activity: Plastics Sales

About the Loan

Loan Amount: $275.00
Loan Use: To purchase more plastic items to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 22, 2009
Date Disbursed: Sep 21, 2009
Date Funded:Oct 22, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:149.8000 NGN = 1 USD



Funke sells plastic items in the market and has been in the business for the past ten years. She is 42 years old and married with two children.

Funke hopes for the loan of N40,000 to purchase more plastic items to sell. She says thank you to all Kiva lenders for their financial support.


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Journal entries for Funke Olayode


Loan has been disbursed
 
Entrepreneur: Funke Olayode
Location: Ibadan, Oyo State, Nigeria

Thank you for your loan. It has been disbursed to Funke Olayode 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 Ibadan, Oyo State, Nigeria
Oct 23, 2009
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Kiva Help Repayment Schedule for Funke Olayode

  Expected Repayments Actual Repayments Comments
December 2009 $34.38 $34.38 Repayment Received
January 2010 $34.37 Available Jan 1  
February 2010 $34.38 Available Feb 1  
March 2010 $34.37 Available Mar 1  
April 2010 $34.38 Available Apr 1  
May 2010 $34.37 Available May 1  
June 2010 $34.38 Available Jun 1  
July 2010 $34.37 Available Jul 1