Ngozi Favor


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Ngozi Favor
Location: Lagos State, Nigeria
Activity: Clothing Sales

About the Loan

Loan Amount: $850.00
Loan Use: To buy more clothes, shoes and other merchandise to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 9, 2008
Date Disbursed: Nov 28, 2008
Date Funded:Nov 10, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:117.9250 NGN = 1 USD



Ngozi is a beautiful young woman. Ngozi sells wrappers (sarongs), shoes, bags and hair gear in her shop. Ngozi has been in this business for the past three years. Ngozi is 27 years old and married with two children. She is requesting a loan of 100,000 N to purchase more merchandise to sell. She says thank you to all Kiva lenders and to LAPO Microfinance for their financial support.

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Journal entries for Ngozi Favor


Loan has been disbursed
 
Entrepreneur: Ngozi Favor
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Ngozi Favor 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
Nov 28, 2008
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Ngozi says thanks
 
Entrepreneur: Ngozi Favor
Location: Lagos State, Nigeria

Ngozi Favor used the money she collected from kiva lenders to buy more sarongs. She is very happy with the way her business is growing. She says thanks to all kiva lenders.


Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Jun 26, 2009
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Kiva Help Repayment Schedule for Ngozi Favor

  Expected Repayments Actual Repayments Comments
February 2009 $106.25 $318.75 Repayment Received
March 2009 $106.25 $106.25 Repayment Received
April 2009 $106.25 $106.25 Repayment Received
May 2009 $106.25 $0.00 Repayment Received
June 2009 $106.25 $212.49 Repayment Received
July 2009 $106.25 $106.26 Repayment Received
August 2009 $106.25 $0.00 Repayment Received
September 2009 $106.25 $0.00 Repayment Received