Bola Monsu


Status: Paid Back

$825.00   Loan Request
$825.00   Paid Back

About the Entrepreneur

Name: Bola Monsu
Location: Lagos State, Nigeria
Activity: Soft Drinks

About the Loan

Loan Amount: $825.00
Loan Use: Purchase more drinks and sachet water 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
Loan Ended:Oct 15, 2009

About the Country

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



Bola is a young lady who believes that business struggle is the antidote to poverty. She is 26 years old and married.


Bola has operated her restaurant business since 2004. Acquiring the skill took five years. Bola needs a loan of N 120,000 to enable her buy more drinks and sachet water to sell.


Bola is very grateful for the financial support rendered to her by LAPO Microfinance and Kiva. She thanks you.


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Journal entries for Bola Monsu


Loan has been disbursed
 
Entrepreneur: Bola Monsu
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Bola Monsu 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 Bola Monsu

  Expected Repayments Actual Repayments Comments
June 2009 $103.12 $206.25 Repayment Received
July 2009 $103.12 $0.00 Repayment Received
August 2009 $103.12 $103.13 Repayment Received
September 2009 $103.12 $103.13 Repayment Received
October 2009 $103.12 $103.09 Repayment Received
November 2009 $103.12 $309.40 Repayment Received
December 2009 $103.12 Available Dec 1 Repayment Received
January 2010 $103.16 Available Jan 1 Repayment Received