Jesutofumi Ojelabi


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Jesutofumi Ojelabi
Location: Lagos State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase more foodstuffs 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



Jesutofumi sells foodstuffs like garri, yam, beans, and rice in wholesale and retail. She has been selling foodstuffs for a long time. She has been the leader of a lending group with LAPO microfinance for over three years. Jesutofumi is 53 years old and married to Mr. Ojelabi who is a missionary. They have two children who are both in a higher institution of learning in Lagos state. Jesutofumi is seeking a loan of 1200 USD to purchase more foodstuffs to sell. She says thank you to all that made this loan possible!

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Journal entries for Jesutofumi Ojelabi


Loan has been disbursed
 
Entrepreneur: Jesutofumi Ojelabi
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Jesutofumi Ojelabi 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

Jesutofumi Ojelabi is grateful to kiva lenders
 
Entrepreneur: Jesutofumi Ojelabi
Location: Lagos State, Nigeria

Jesutofumi Ojelabi is grateful to kiva lenders for the financial support given to her to purchase more foodstuffs her shop. She says thanks to the lenders


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

Jesutofumi Ojelabi is grateful to kiva lenders
 
Entrepreneur: Jesutofumi Ojelabi
Location: Lagos State, Nigeria

Jesutofumi Ojelabi is grateful to kiva lenders for the financial support given to her to purchase more foodstuffs her shop. She says thanks to the lenders


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

Kiva Help Repayment Schedule for Jesutofumi Ojelabi

  Expected Repayments Actual Repayments Comments
January 2009 $150.00 $150.00 Repayment Received
February 2009 $150.00 $150.00 Repayment Received
March 2009 $150.00 $150.00 Repayment Received
April 2009 $150.00 $150.00 Repayment Received
May 2009 $150.00 $150.00 Repayment Received
June 2009 $150.00 $149.99 Repayment Received
July 2009 $150.00 $150.00 Repayment Received
August 2009 $150.00 $150.01 Repayment Received