Folake Nana


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

Name: Folake Nana
Location: Lagos State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $350.00
Loan Use: To purchase more plantains to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 22, 2009
Date Disbursed: Feb 2, 2009
Date Funded:Feb 22, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:148.0000 NGN = 1 USD



Folake Nana is 42-years old and she is married with four children. Folake Nana sells plantains in her shop. She travels to markets in villages like Okada and Ugboghui in Edo state to purchase plantains to sell in Lagos state, Nigeria. She is a LAPO client. She is requesting a loan to purchase more plantains to sell so she can increase the number of customers she serves. She says thanks you.

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Journal entries for Folake Nana


Loan has been disbursed
 
Entrepreneur: Folake Nana
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Folake Nana 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 23, 2009
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Kiva Help Repayment Schedule for Folake Nana

  Expected Repayments Actual Repayments Comments
May 2009 $43.75 $44.10 Repayment Received
June 2009 $43.75 $43.39 Repayment Received
July 2009 $43.75 $43.75 Repayment Received
August 2009 $43.75 $43.75 Repayment Received
September 2009 $43.75 $43.76 Repayment Received
October 2009 $43.75 $43.75 Repayment Received
November 2009 $43.75 $43.75 Repayment Received
December 2009 $43.75 $43.75 Repayment Received