Clara Momoh


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Clara Momoh
Location: Benin City, Nigeria
Activity: Soft Drinks

About the Loan

Loan Amount: $1,200.00
Loan Use: Buy ingredients for pepper soup and drinks to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 4, 2007
Date Disbursed: Dec 19, 2007
Date Funded:Dec 5, 2007
Loan Ended:Aug 19, 2008

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:119.8000 NGN = 1 USD



Mrs. Clara Momoh operates a bar where she sells drinks. She worked with her husband for a year to learn the business.

She is 28 years old, married, and lives in Benin City. She has been a client of LAPO for 3 years.

Mrs. Momoh requests a loan of $1200 so she can buy more drinks and pepper soup ingredients. This will help her serve her customers better. The loan will go a long way to help her increase her business.


Subscribe

Lenders to this entrepreneur

Lynn
Amersham, Buckinghamshire
United Kingdom

Lene
Oslo, Oslo
Norway

Shawna
fredericton, New Brunswick
Canada

Christine
Palmyra, ME
United States

Claragrace
San Francisco, CA
United States

Matteo-Paola
Caprino Veronese, Verona
Italy

Andrew
Boulder, CO
United States

Mounds View High School
Shoreview, MN
United States

James
San Francisco, CA
United States

Jason
RICHMOND, CA
United States

Patrik
Taby, Stockholm
Sweden

Jennifer
Oakville, Ontario
Canada

Christine
Portland, OR
United States

Debra
Calgary, Alberta
Canada

joseph
norwalk, CT
United States

Tim
Vancouver, British Columbia
Canada

Elisabeth
London,
United Kingdom

Michelle
Vancouver, British Columbia
Canada

Clear Light Digital
St Kilda, Victoria
Australia

SV-Eberhard
Trier,
Germany

Anonymous
Gliwice,
Poland

Anonymous
West Springfield, MA
United States

Anonymous
Marquette, MI
United States

Rod
Durham, NC
United States

robert
jupiter, FL
United States

peter
scottsdale, AZ
United States

Julia
Stouffville, Ontario
Canada

Christiane
Vancouver, British Columbia
Canada

Williams
Wellington, CO
United States

Anonymous
Tustin, CA
United States

Heli
Järvelä,
Finland

Adrienne
OAKLAND, CA
United States

Anonymous
Randolph, MN
United States

kimberly
danville, VA
United States

Gina
Morris Plains, NJ
United States

Vegard A. Johansen
Tromsø,
Norway

Robert
Lighthouse Point, FL
United States

David
New York, NY
United States

Tom
Anaheim Hills, CA
United States

Kevin
San Jose, CA
United States

Pretty Camels
Rio Rancho, NM
United States

John
Nashville, TN
United States

DudleyTania
Edwards, CO
United States



Journal entries for Clara Momoh


Loan has been disbursed
 
Entrepreneur: Clara Momoh
Location: Benin City, Nigeria

Thank you for your loan. It has been disbursed to Clara Momoh 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 Benin City, Nigeria
Dec 19, 2007
Comments (2)

Kiva Journal Update on Clara Momoh
 
Entrepreneur: Clara Momoh
Location: Benin City, Nigeria

Clara runs a pepper soup “joint” with her husband along a major road in Benin City. Pepper soup is a popular snack/meal in which meat or fish is stewed in a spicy broth. Clara’s pepper soup is outstanding and people come to enjoy its bold flavors as well as socialize throughout the day and evening (sometimes until as late as 3am). Clara used her Kiva loan to buy 400 cartons of drinks (sodas and beer) to sell as well as rent the shop next to the restaurant, purchase more tables and chairs and expand. The good soup and socializing her place is known for was attracting so many patrons that space was getting tight.

Clara and her husband are saving up to start a family and hope to have a baby in the not-so-distant future. She is thankful for the assistance of her Kiva lenders and appreciates what you have done for her. “I was very happy,” she says.

Please click here to read blog entries about LAPO.


Posted by Jessica Heinzelman from Benin City, Nigeria
Aug 27, 2008
Comment on this entry

Clara Momoh has finished her kiva loan repayment
 
Entrepreneur: Clara Momoh
Location: Benin City, Nigeria

Clara Momoh has finished her kiva loan repayment and she is grateful to all kiva lenders for the financial support. She used her kiva loan to increase her stock by purchasing more drinks to sell. and she says a big thanks you to every one that makes it possible.She is also happy because her family has also benefited from the loan.


Posted by EHIGIAMUSOE GODWIN from Benin City, Nigeria
Oct 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Clara Momoh

  Expected Repayments Actual Repayments Comments
March 2008 $150.00 $150.00 Repayment Received
April 2008 $150.00 $150.00 Repayment Received
May 2008 $150.00 $150.00 Repayment Received
June 2008 $150.00 $150.00 Repayment Received
July 2008 $150.00 $150.00 Repayment Received
August 2008 $150.00 $150.00 Repayment Received
September 2008 $150.00 $150.00 Repayment Received
October 2008 $150.00 $150.00 Repayment Received