Funke Idogun


Status: Paying Back

$475.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Funke Idogun
Location: Lagos State, Nigeria
Activity: Clothing Sales

About the Loan

Loan Amount: $475.00
Loan Use: To purchase more sarongs 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



Funke hawks sarongs of various colors and sizes at retail prices to her customers. She is 45 years old and married with five children. She is a hardworking woman and she hopes to lift her family above poverty. The high season for her business is now and she hopes to meet the demands of her customers. She is hoping for a loan of 70,000 naira to purchase more sarongs to sell. She hopes to own a boutique in the future.
She says thanks to all Kiva lenders.

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Journal entries for Funke Idogun


Loan has been disbursed
 
Entrepreneur: Funke Idogun
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Funke Idogun 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
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Kiva Help Repayment Schedule for Funke Idogun

  Expected Repayments Actual Repayments Comments
January 2010 $59.38 Available Jan 1  
February 2010 $59.37 Available Feb 1  
March 2010 $59.38 Available Mar 1  
April 2010 $59.37 Available Apr 1  
May 2010 $59.38 Available May 1  
June 2010 $59.37 Available Jun 1  
July 2010 $59.38 Available Jul 1  
August 2010 $59.37 Available Aug 1