Ronke Obowanje


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Ronke Obowanje
Location: Lagos State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $850.00
Loan Use: To buy more palm oil for sale
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 5, 2008
Date Disbursed: Sep 20, 2008
Date Funded:Sep 6, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:117.7140 NGN = 1 USD



Ronke Obowanje sells palm oil in her house. She buys the palm oil wholesale and she sells to palm oil vendors. She has been in this business for the past 5 years. Ronke is 40 years old and she is married with 4 children. She is a LAPO client.
The little capital that she has been borrowing from LAPO Microfinance has helped her business. But she needs the loan amount of $850 to buy more palm oil in large quantities for sale. She says thank you to all that made this loan possible

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Journal entries for Ronke Obowanje


Loan has been disbursed
 
Entrepreneur: Ronke Obowanje
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Ronke Obowanje 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 20, 2008
Comment on this entry

ronke says thanks
 
Entrepreneur: Ronke Obowanje
Location: Lagos State, Nigeria

ronke says thanks and she says thanks to all kiva lenders.


Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Jun 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ronke Obowanje

  Expected Repayments Actual Repayments Comments
December 2008 $106.25 $107.00 Repayment Received
January 2009 $106.25 $105.50 Repayment Received
February 2009 $106.25 $106.25 Repayment Received
March 2009 $106.25 $106.25 Repayment Received
April 2009 $106.25 $106.25 Repayment Received
May 2009 $106.25 $106.25 Repayment Received
June 2009 $106.25 $106.24 Repayment Received
July 2009 $106.25 $106.26 Repayment Received