Victoria Okoro

Status: Paid Back

$400.00		Loan Request
$400.00		Paid Back

About the Entrepreneur

Name:	Victoria Okoro
Location:	Lagos State, Nigeria
Activity:	Food Market

About the Loan

Loan Amount:	$400.00
Loan Use:	To buy more cassava for the processing of Santana
Repayment Term:	11 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 17, 2007
Date Disbursed:	Dec 1, 2007
Date Funded:	Nov 17, 2007
Loan Ended:	Aug 1, 2008

About the Field Partner

Field Partner:

Lift Above Poverty Organization (LAPO)

Field Partner Risk Rating:

(Learn more)

Active

36 months

6420

$3,864,650

0.23%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Nigeria
Avg Annual Income:	$1,188.00
Currency:	Nigeria Nairas (NGN)
Exchange Rate:	119.5500 NGN = 1 USD

Victoria Okoro is originally from Igbelerin, a rural part in Lagos State, Nigeria. She is married and has five children. She travels to other neighboring villages to buy cassava for processing local food. She has been in business since 1997. She is a LAPO member. She needs the loan of $400 to buy more cassava to grow and expand her business.

Lenders to this entrepreneur

Christine
Pound Ridge, NY
United States

Ebere
Houston, TX
United States

Howard
Titusville, FL
United States

Matt
Riverside, CA
United States

roberto
el morche, malaga
Spain

Merijn
Amsterdam, Noord-Holland
Netherlands

Stephan and Claudia
Porto,

Anonymous
North Battleford, Saskatchewan
Canada

jeff & Anne
Jacksonville, FL
United States

patrick
sumner, WA
United States

Lisa
Chicago, IL
United States

Rebecca

Lucy
Jerusalem,
Israel

Hero's Club

Journal entries for Victoria Okoro

Loan has been disbursed Entrepreneur: Victoria Okoro Location: Lagos State, Nigeria Thank you for your loan. It has been disbursed to Victoria Okoro by Lift Above Poverty Organization (LAPO) in Nigeria. We are excited to watch this business grow. Over the next 8 months, 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 Dec 1, 2007
Comment on this entry

Victoria business is good Entrepreneur: Victoria Okoro Location: Lagos State, Nigeria Victoria makes and sells santana, or fufu (a starchy ball made from ground cassava and eaten with Nigerian soups). With her Kiva loan she bought more cassava that she uses to make santana and she started another business in which is the sells deodorant and detergent. Victoria has been borrowing from LAPO Microfinance for the past few years and the availability of capital has enhanced her business and increased her profit growth. Victoria is business-oriented and was smart to start another business. She said that with her next loan she hopes to buy more deodorant and detergent so that she can expand her business and increase her profit margin. She thanks you.
Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria Jul 16, 2008
Comment on this entry

Repayment Schedule for Victoria Okoro

Show Advanced

	Expected Repayments	Actual Repayments	Comments
March 2008	$50.00	$50.00	Repayment Received
April 2008	$50.00	$50.00	Repayment Received
May 2008	$50.00	$50.00	Repayment Received
June 2008	$50.00	$50.00	Repayment Received
July 2008	$50.00	$50.00	Repayment Received
August 2008	$50.00	$50.00	Repayment Received
September 2008	$50.00	$50.00	Repayment Received
October 2008	$50.00	$50.00	Repayment Received