Lola Sunday
Status: Paying Back
| $550.00 | Loan Amount |
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87% repaid
About the Entrepreneur
| Name: | Lola Sunday |
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| Location: | Lagos State, Nigeria |
| Activity: | Beauty Salon |
About the Loan
| Loan Amount: | $550.00 |
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| Loan Use: | To purchase more hair products to sell |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 24, 2009 |
| Date Disbursed: | Mar 20, 2009 |
| Date Funded: | Mar 24, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Lift Above Poverty Organization (LAPO) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 36 months |
| Kiva Entrepreneurs: | 6378 |
| Total Loans: | $3,843,775 |
| Delinquency Rate: | 0.23% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Nigeria |
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| Avg Annual Income: | $1,188.00 |
| Currency: | Nigeria Nairas (NGN) |
| Exchange Rate: | 149.5986 NGN = 1 USD |
Lola Sunday is a 30-year-old beautician with two children. She has a shop open from 7am to 11pm Monday to Sunday, where she also sells hair extensions, hair cream and hair relaxer. Lola has a lot of customers as her shop stands out from others because she has so many hair products and a generator to provide power when there is a power failure (a very common phenomenon in Nigeria). As a result, the shop remains open until late to cater for all the customers who troop through. Lola learned her business in three years and she has been in the business for the past nine years. Lola needs the loan amount of NGN80 000 to purchase more weavons, hair attachments, hair relaxer and hair cream. She thanks you for your generosity.
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Journal entries for Lola Sunday
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Loan has been disbursed
Location: Lagos State, Nigeria
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Posted by
from Lagos State, Nigeria
Mar 25, 2009 |
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Comment on this entry
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Repayment Schedule for Lola Sunday
Repayment Schedule for Lola Sunday
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $68.75 | $68.75 |  Repayment Received
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| July 2009 | $68.75 | $68.75 | Repayment Received
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| August 2009 | $68.75 | $68.75 | Repayment Received
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| September 2009 | $68.75 | $68.75 | Repayment Received
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| October 2009 | $68.75 | $68.75 | Repayment Received
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| November 2009 | $68.75 | $68.75 | Repayment Received
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| December 2009 | $68.75 | $68.75 | Repayment Received
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| January 2010 | $68.75 | Available Jan 1 | |||
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