Titilayo Olaiya


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Titilayo Olaiya
Location: Lagos State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $850.00
Loan Use: To buy a generator for her ice cream business
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 2, 2008
Date Disbursed: Oct 16, 2008
Date Funded:Oct 2, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:118.7350 NGN = 1 USD



Titilayo Olaiya is 42 years old and she is married with 4 children. She sells ice cream in her house, wholesale and retail. She has been in this business for the past five years. She prepares the ice creams and customers come to buy in bulk from her. She also sells retail to her consumers.

Titilayo needs the loan amount of $850 to purchase a generator, as there is no constant electricity supply. This, she said, will enable her keep the ice cream frozen at all times as customers like the ice cream chilled. She says thank you to all that make this loan possible.

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Journal entries for Titilayo Olaiya


Loan has been disbursed
 
Entrepreneur: Titilayo Olaiya
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Titilayo Olaiya 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
Oct 16, 2008
Comment on this entry

Titilayo Olaiya says thanks
 
Entrepreneur: Titilayo Olaiya
Location: Lagos State, Nigeria

Titilayo Olaiya says thanks to all that made this loan possible.


Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Jun 17, 2009
Comment on this entry

Titilayo Olaiya says thanks
 
Entrepreneur: Titilayo Olaiya
Location: Lagos State, Nigeria

Titilayo Olaiya says thanks to all that made this loan possible and she is happy because her ice cream business is moving well


Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Jun 17, 2009
Comment on this entry

Kiva Help Repayment Schedule for Titilayo Olaiya

  Expected Repayments Actual Repayments Comments
January 2009 $106.25 $106.25 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 $106.25 Repayment Received
August 2009 $106.25 $106.26 Repayment Received