Kehinde Fakumoju


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Kehinde Fakumoju
Location: Lagos State, Nigeria
Activity: Fuel/Firewood

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase more engine oil to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 9, 2009
Date Disbursed: Dec 19, 2008
Date Funded:Jan 10, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:140.0000 NGN = 1 USD



Kehinde sells motor spare parts and engine oil. She has been in this business for a long time. She needs the loan amount of 140,000 to purchase more engine oil to sell. Kehinde is 50 years old and married with children. She says thanks to all that made this loan possible.


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Journal entries for Kehinde Fakumoju


Loan has been disbursed
 
Entrepreneur: Kehinde Fakumoju
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Kehinde Fakumoju by Lift Above Poverty Organization (LAPO) in Nigeria. We are excited to watch this business grow. Over the 8 months of this loan, 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
Jan 11, 2009
Comment on this entry

Kehinde Fakumoju says thanks
 
Entrepreneur: Kehinde Fakumoju
Location: Lagos State, Nigeria

Kehinde Fakumoju says since she collected loan from kiva her business has been doing fine she so happy and she says thanks to all kiva lenders


Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Jul 2, 2009
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Kiva Help Repayment Schedule for Kehinde Fakumoju

  Expected Repayments Actual Repayments Comments
March 2009 $125.00 $250.00 Repayment Received
April 2009 $125.00 $125.00 Repayment Received
May 2009 $125.00 $0.00 Repayment Received
June 2009 $125.00 $250.00 Repayment Received
July 2009 $125.00 $125.00 Repayment Received
August 2009 $125.00 $125.00 Repayment Received
September 2009 $125.00 $125.00 Repayment Received
October 2009 $125.00 $0.00 Repayment Received