Rachel Nwanchukwu


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Entrepreneur

Name: Rachel Nwanchukwu
Location: Lagos State, Nigeria
Activity: General Store

About the Loan

Loan Amount: $875.00
Loan Use: To purchase additional bags of rice and sugar for resale
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 3, 2008
Date Disbursed: Sep 17, 2008
Date Funded:Sep 3, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:117.6150 NGN = 1 USD



Rachel Nwanchukwu sells bags of sugar, bags of rice and gallon jugs of palm oil. She has been in this business since 2006.


Rachel lives in Okoko, Lagos state, Nigeria. She is 47-years-old and married with six children. She is requesting this current loan amount of $875 to purchase more bags of sugar and rice for resale.


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Journal entries for Rachel Nwanchukwu


Loan has been disbursed
 
Entrepreneur: Rachel Nwanchukwu
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Rachel Nwanchukwu 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
Sep 17, 2008
Comment on this entry

rachel says thanks
 
Entrepreneur: Rachel Nwanchukwu
Location: Lagos State, Nigeria

rachel says thanks and she is doing well in business


Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Jun 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Rachel Nwanchukwu

  Expected Repayments Actual Repayments Comments
December 2008 $109.38 $110.00 Repayment Received
January 2009 $109.38 $108.75 Repayment Received
February 2009 $109.38 $109.38 Repayment Received
March 2009 $109.38 $109.38 Repayment Received
April 2009 $109.38 $109.38 Repayment Received
May 2009 $109.38 $109.38 Repayment Received
June 2009 $109.38 $109.37 Repayment Received
July 2009 $109.34 $109.36 Repayment Received