Itejere Owvigho

Status: Paying Back

$675
Loan Request
Pre-Disbursed : Oct 19, 2009
Listed: Nov 2, 2009
Funded: Nov 4, 2009
25% repaid

About the Country

Country:Nigeria
Avg Annual Income:$1,188
Currency:Nigeria Nairas (NGN)
Exchange Rate:150.8500 NGN = 1 USD


About the Loan

Location: Warri, Delta State, Nigeria   Repayment Term: 10 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: To purchase more cooking oil to sell   Currency Exchange Loss: Possible
      Default Protection: Covered
Ovwigho is 60 years old and married with two children. She sells cooking oil at retail prices to her customers in Warri, Delta State, Nigeria. The demand for cooking oil in her community is high because cooking oil is important in the preparation of local soup.

This is the high season for sales and Ovwigho hopes to make more profits during this season. She hopes for a loan of N100,000 to purchase more cooking oil to sell. She says thanks to all that made this loan possible.


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Journal entries for Itejere Owvigho


Loan has been disbursed
 
Entrepreneur: Itejere Owvigho
Location: Warri, Delta State, Nigeria

Thank you for your loan. It has been disbursed to Itejere Owvigho 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
Nov 5, 2009
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Kiva Help Repayment Schedule for Itejere Owvigho

  Expected Repayments Actual Repayments Comments
January 2010 $84.38 $84.38 Repayment Received
February 2010 $84.37 $84.37 Repayment Received
March 2010 $84.38 Available Mar 1  
April 2010 $84.37 Available Apr 1  
May 2010 $84.38 Available May 1  
June 2010 $84.37 Available Jun 1  
July 2010 $84.38 Available Jul 1  
August 2010 $84.37 Available Aug 1