Abel Ibeh


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Abel Ibeh
Location: Lagos State, Nigeria
Activity: Soft Drinks

About the Loan

Loan Amount: $850.00
Loan Use: To buy more drinks to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 11, 2008
Date Disbursed: Oct 25, 2008
Date Funded:Oct 11, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:117.7000 NGN = 1 USD



Abel sells drinks in wholesale and retail to customers. He has been in this business since 1990. He is seeking a loan of 850 USD to buy more drinks to sell, which will help him retain his customers and draw new ones. Abel is 38 years old and married to Nkiru who sells foodstuffs in the local market; they have two children. He says thank you to all that made this loan possible.

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Journal entries for Abel Ibeh


Loan has been disbursed
 
Entrepreneur: Abel Ibeh
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Abel Ibeh 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 EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Oct 24, 2008
Comment on this entry

Abel Ibeh say thanks to all kiva lenders
 
Entrepreneur: Abel Ibeh
Location: Lagos State, Nigeria

Abel Ibeh say thanks to all kiva lenders. He used his kiva loan to invest in his business. He says thanks to all kiva lenders.


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

Kiva Help Repayment Schedule for Abel Ibeh

  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