Latifat Moritala


Status: Paid Back

$950.00   Loan Request
$950.00   Paid Back

About the Entrepreneur

Name: Latifat Moritala
Location: Lagos State, Nigeria
Activity: Tailoring

About the Loan

Loan Amount: $950.00
Loan Use: To purchase more tailoring materials and one industrial machine
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



Latifat is 39-years old and she is married with four children. Latifat is a fashion designer who also sells clothes and tailoring materials. She lives in Akeson, Lagos state, Nigeria. She is requesting a loan to purchase more tailoring materials and one industrial sewing machine. She is very grateful to LAPO Microfinance and Kiva lenders for their financial assistance, which is helping her improve her family's standard of living.

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Journal entries for Latifat Moritala


Loan has been disbursed
 
Entrepreneur: Latifat Moritala
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Latifat Moritala 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 Latifat Moritala

  Expected Repayments Actual Repayments Comments
May 2009 $118.75 $118.75 Repayment Received
June 2009 $118.75 $118.75 Repayment Received
July 2009 $118.75 $118.75 Repayment Received
August 2009 $118.75 $118.75 Repayment Received
September 2009 $118.75 $118.75 Repayment Received
October 2009 $118.75 $118.75 Repayment Received
November 2009 $118.75 $118.75 Repayment Received
December 2009 $118.75 $118.75 Repayment Received