Chika Chimezie


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Chika Chimezie
Location: Benin City, Nigeria
Activity: Grocery Store

About the Loan

Loan Amount: $600.00
Loan Use: To purchase more provisions and drinks to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 25, 2008
Date Disbursed: Nov 28, 2008
Date Funded:Nov 25, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:117.7250 NGN = 1 USD



Chika Chimezie is 40 years old and married with 4 children. She sells provisions and drinks in her community. She started this business in 2006.

She hopes for the loan amount of N70, 000 to purchase more provisions and drinks to sell. She hopes to stock her shop with more provisions and drinks so that she can meet the demands of her customers, and not lose them to competitors.

Chika says thank you to all that made this loan possible.



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Journal entries for Chika Chimezie


Loan has been disbursed
 
Entrepreneur: Chika Chimezie
Location: Benin City, Nigeria

Thank you for your loan. It has been disbursed to Chika Chimezie 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 Benin City, Nigeria
Nov 28, 2008
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Kiva Help Repayment Schedule for Chika Chimezie

  Expected Repayments Actual Repayments Comments
February 2009 $75.00 $75.42 Repayment Received
March 2009 $75.00 $75.01 Repayment Received
April 2009 $75.00 $74.57 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $74.99 Repayment Received
July 2009 $75.00 $75.00 Repayment Received
August 2009 $75.00 $75.00 Repayment Received
September 2009 $75.00 $75.01 Repayment Received