Kabiru Kelani


Status: Paying Back

$700.00   Loan Amount
87% repaid

About the Entrepreneur

Name: Kabiru Kelani
Location: Ibadan,oyo State, Nigeria
Activity: Food Market

About the Loan

Loan Amount: $700.00
Loan Use: To purchase more palm kernels to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 26, 2009
Date Disbursed: Mar 20, 2009
Date Funded:Feb 26, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:147.0000 NGN = 1 USD



Kabiru is 32 years old and married with 2 children. He mills palm kernels to make palm oil. He also sells palm kernels. He is requesting the loan amount of N 100,000 to purchase more palm kernels to sell. He says thanks to Kiva lenders.

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Journal entries for Kabiru Kelani


Loan has been disbursed
 
Entrepreneur: Kabiru Kelani
Location: Ibadan,oyo State, Nigeria

Thank you for your loan. It has been disbursed to Kabiru Kelani 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 Ibadan,oyo State, Nigeria
Mar 20, 2009
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Kiva Help Repayment Schedule for Kabiru Kelani

  Expected Repayments Actual Repayments Comments
June 2009 $87.50 $174.99 Repayment Received
July 2009 $87.50 $87.50 Repayment Received
August 2009 $87.50 $87.50 Repayment Received
September 2009 $87.50 $87.50 Repayment Received
October 2009 $87.50 $87.50 Repayment Received
November 2009 $87.50 $87.50 Repayment Received
December 2009 $87.50 Available Dec 1 Repayment Received
January 2010 $87.50 Available Jan 1