Elizabeth Afere


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Elizabeth Afere
Location: Lagos State, Nigeria
Activity: Cement

About the Loan

Loan Amount: $550.00
Loan Use: To purchase more bags of cement to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 7, 2009
Date Disbursed: Oct 19, 2009
Date Funded:Nov 8, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:151.9500 NGN = 1 USD



Elizabeth sells bags of cement to make a living. She puts in long hours trying to keep her business sustainable. She is a friendly woman and she uses this skill to attract more customers to her shop. One of her challenges is competitors that she hopes to outsmart when she purchases more bags of cement. She is happily married with six children, and she is 43 years old. She is hoping for a loan of 80,000 naira to purchase more bags of cement to sell. She says thank you to all Kiva lenders.

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Journal entries for Elizabeth Afere


Loan has been disbursed
 
Entrepreneur: Elizabeth Afere
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Elizabeth Afere 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
Nov 9, 2009
Comment on this entry

Kiva Help Repayment Schedule for Elizabeth Afere

  Expected Repayments Actual Repayments Comments
January 2010 $68.75 Available Jan 1  
February 2010 $68.75 Available Feb 1  
March 2010 $68.75 Available Mar 1  
April 2010 $68.75 Available Apr 1  
May 2010 $68.75 Available May 1  
June 2010 $68.75 Available Jun 1  
July 2010 $68.75 Available Jul 1  
August 2010 $68.75 Available Aug 1