Modupe-ola Tijamin

Status: Paid Back

$400.00		Loan Request
$400.00		Paid Back

About the Entrepreneur

Name:	Modupe-ola Tijamin
Location:	Lagos State, Nigeria
Activity:	Beauty Salon

About the Loan

Loan Amount:	$400.00
Loan Use:	To buy hair products such as dye and hair relaxer necessary to sucess in the salon buissness
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

Thirty-three years ago Modupe-Ola Tijamin was born in a poor village in Lagos State, Nigeria. Against the odds she has taken nothing but her ingenuity and work-ethic and made it into a successful salon business. She has successfully grown the business over the last five years, but now she needs your help to further improve her salon. A loan of only 400 USD from you would allow her to buy the supplies she needs to prosper. She is married and mother of two young children.

Lenders to this entrepreneur

Aslaug
SANDNES, Rogaland
Norway

Bruce
Santa Barbara, CA
United States

Simone
Rotterdam,
Netherlands

Andrew and Mary Ann
Wauwatosa, WI
United States

Rachel
Chapel Hill, NC
United States

Wayne
San Francisco, CA
United States

Anonymous
Hyvinkää,

Rose
Brooklyn, NY
United States

Sandra
Zeist,
Netherlands

Eythor & Inga
200 Kópavogur,

Kelvin & Tamiko
Phoenix, AZ
United States

Lucy
Jerusalem,
Israel

Grant & Ruth
Niagara-on-the-Lake, ON
Canada

Sarah
Los Angeles, CA
United States

Andrew
London, London
United Kingdom

Journal entries for Modupe-ola Tijamin

Loan has been disbursed Entrepreneur: Modupe-ola Tijamin Location: Lagos State, Nigeria Thank you for your loan. It has been disbursed to Modupe-ola Tijamin 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

Modupeola''s business kiva update Entrepreneur: Modupe-ola Tijamin Location: Lagos State, Nigeria Modupeola is a stylist. She also sells weavon and attachment (used for hair extentions) and hair cream. She use part of her Kiva loan to buy weavon and attachment and used the remainder to open another salon shop. She opens Monday to Sunday from 8am to 9pm and she makes profit of N8,000 to N10,000 (about $70 to $85) in a week. Although she has no personal of family issue affecting her repayment, she continually struggles with the difficulty of getting enough capital for maximum business operations.
Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria Jul 16, 2008
Comment on this entry

Repayment Schedule for Modupe-ola Tijamin

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