Margaret Adedeyinbo


Status: Paying Back

$950.00   Loan Amount
87% repaid

About the Entrepreneur

Name: Margaret Adedeyinbo
Location: Lagos State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $950.00
Loan Use: To purchase more frozen foods to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 23, 2009
Date Disbursed: Feb 20, 2009
Date Funded:Jan 23, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:150.0000 NGN = 1 USD



Margaret is 43 years old and married with two children. She is a client of LAPO (Kiva's Field Partner). She sells frozen foods like chicken, turkey, and fish. Margaret needs the loan amount of N140,000 to purchase more frozen foods to sell. She is indeed grateful to all that made this loan possible.

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Journal entries for Margaret Adedeyinbo


Loan has been disbursed
 
Entrepreneur: Margaret Adedeyinbo
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Margaret Adedeyinbo 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
Feb 20, 2009
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Margaret Adedeyinbo says thanks
 
Entrepreneur: Margaret Adedeyinbo
Location: Lagos State, Nigeria

Margaret Adedeyinbo says thanks to all kiva lenders. She used her kiva loan to increase her inventoryin her shop she now makes profit and can take good with her family with her profit.


Posted by EHIGIAMUSOE GODWIN from Lagos State, Nigeria
Jul 6, 2009
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Kiva Help Repayment Schedule for Margaret Adedeyinbo

  Expected Repayments Actual Repayments Comments
May 2009 $118.75 $115.36 Repayment Received
June 2009 $118.75 $122.14 Repayment Received
July 2009 $118.75 $118.75 Repayment Received
August 2009 $118.75 $0.00 Repayment Received
September 2009 $118.75 $237.50 Repayment Received
October 2009 $118.75 $118.75 Repayment Received
November 2009 $118.75 $118.75 Repayment Received
December 2009 $118.75 Available Dec 1