Fatima Bakare

Status: Paid Back

$425.00		Loan Request
$425.00		Paid Back

About the Entrepreneur

Name:	Fatima Bakare
Location:	Lagos State, Nigeria
Activity:	Grocery Store

About the Loan

Loan Amount:	$425.00
Loan Use:	To buy more provisions for sale
Repayment Term:	10 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Sep 7, 2008
Date Disbursed:	Sep 21, 2008
Date Funded:	Sep 7, 2008
Loan Ended:	Jun 15, 2009

About the Field Partner

Field Partner:

Lift Above Poverty Organization (LAPO)

Field Partner Risk Rating:

(Learn more)

Active

36 months

6394

$3,851,600

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:	117.7140 NGN = 1 USD

Fatima Bakare is 37 years old and has three children. She lives in Lagos state with her family. Fatima sells provisions in her grocery store. She started this business seven years ago. Fatima is LAPO client. She needs a loan of $425 to buy more provisions for sale.

Lenders to this entrepreneur

Econ 384 @ UMW
Fredericksburg, VA
United States

Journal entries for Fatima Bakare

Loan has been disbursed Entrepreneur: Fatima Bakare Location: Lagos State, Nigeria Thank you for your loan. It has been disbursed to Fatima Bakare 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 21, 2008
Comment on this entry

Fatima Bakare is happy Entrepreneur: Fatima Bakare Location: Lagos State, Nigeria Fatima Bakare is happy seeing the expansion that has taking place in her business. This is because of the kiva loan she collected . with this loan she has be able to retail and attract more customers to her shop. She has pay back her loan in full.
Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria Jun 16, 2009
Comment on this entry

Repayment Schedule for Fatima Bakare

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	Expected Repayments	Actual Repayments	Comments
December 2008	$53.13	$54.00	Repayment Received
January 2009	$53.13	$52.25	Repayment Received
February 2009	$53.13	$53.12	Repayment Received
March 2009	$53.13	$53.12	Repayment Received
April 2009	$53.13	$53.12	Repayment Received
May 2009	$53.13	$53.12	Repayment Received
June 2009	$53.13	$53.12	Repayment Received
July 2009	$53.09	$53.15	Repayment Received