Grace Adeyemo


Status: Paying Back

$475.00   Loan Amount
87% repaid

About the Entrepreneur

Name: Grace Adeyemo
Location: Lagos State, Nigeria
Activity: Home Products Sales

About the Loan

Loan Amount: $475.00
Loan Use: To purchase more kitchen items 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 Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:149.5986 NGN = 1 USD



Grace sells kitchen items. She has been in this business for the past 12 years. Grace is 50 years old and married with four children. Grace has been borrowing from LAPO Microfinance for the past two years. She lives in Adaloko in the Lagos state.


Grace is requesting a loan of N70,000 to enable her to buy more kitchen items to sell. She thanks you.


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Journal entries for Grace Adeyemo


Loan has been disbursed
 
Entrepreneur: Grace Adeyemo
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Grace Adeyemo 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
Mar 25, 2009
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Kiva Help Repayment Schedule for Grace Adeyemo

  Expected Repayments Actual Repayments Comments
June 2009 $59.38 $59.37 Repayment Received
July 2009 $59.38 $59.38 Repayment Received
August 2009 $59.38 $59.38 Repayment Received
September 2009 $59.38 $59.39 Repayment Received
October 2009 $59.38 $59.38 Repayment Received
November 2009 $59.38 $59.38 Repayment Received
December 2009 $59.38 $59.38 Repayment Received
January 2010 $59.34 Available Jan 1