Fumilayo Fatolu
Status: Refunded
| $850.00 | Loan Request |
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About the Entrepreneur
| Name: | Fumilayo Fatolu |
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| Location: | Lagos State, Nigeria |
| Activity: | Photography |
About the Loan
| Loan Amount: | $850.00 |
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| Loan Use: | To buy a digital computer printer and a generator |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 4, 2008 |
| Date Disbursed: | Nov 28, 2008 |
| Date Funded: | Nov 8, 2008 |
| Refund Date: | Mar 12, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Lift Above Poverty Organization (LAPO) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 36 months |
| Kiva Entrepreneurs: | 6378 |
| Total Loans: | $3,843,775 |
| Delinquency Rate: | 0.23% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Nigeria |
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| Avg Annual Income: | $1,188.00 |
| Currency: | Nigeria Nairas (NGN) |
| Exchange Rate: | 117.9250 NGN = 1 USD |
Fumilayo is a photographer and she owns a photo studio where she takes pictures. Fumilayo takes pictures at weddings, burials, birthday ceremonies, etc. She needs the loan amount of 140,000 Naira to purchase a digital computer printer and a generator. She desires to meet the demands of her customers by getting their pictures ready when they need them. Fumilayo is 34 years old and married with three children. She says thank you to all Kiva lenders for their financial support, and to LAPO MICROFINANCE for their business training.
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Journal entries for Fumilayo Fatolu
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Loan has been disbursed
Location: Lagos State, Nigeria
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Posted by
from Lagos State, Nigeria
Nov 28, 2008 |
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Loan Refunded
Location: Lagos State, Nigeria
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Posted by
Benjamin Elberger, Kiva Staff, from San Francisco, United States
Mar 12, 2009 |
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Comment on this entry
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Repayment Schedule for Fumilayo Fatolu
Repayment Schedule for Fumilayo Fatolu
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $121.43 | $300.51 |  Repayment Received
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| March 2009 | $121.43 | $150.25 | Repayment Received
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| April 2009 | $121.43 | $0.00 | Repayment Received
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| May 2009 | $121.42 | $0.00 | Repayment Received
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| June 2009 | $121.43 | $0.00 | Repayment Received
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| July 2009 | $121.43 | $0.00 | Repayment Received
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| August 2009 | $121.43 | $0.00 | Repayment Received
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