Ngozi Samuel


Status: Paying Back

$550.00   Loan Amount
87% repaid

About the Entrepreneur

Name: Ngozi Samuel
Location: Lagos State, Nigeria
Activity: Electronics Sales

About the Loan

Loan Amount: $550.00
Loan Use: Purchase more electrical accessories and drinks to sell.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 25, 2009
Date Disbursed: Mar 20, 2009
Date Funded:Mar 25, 2009

About the Country

Country:Nigeria
Avg Annual Income:$1,188.00
Currency:Nigeria Nairas (NGN)
Exchange Rate:148.6500 NGN = 1 USD



Ngozi sells electrical accessories and drinks in her shop located along Igando Road in Lagos state. She has been in the trade for the past three years.


Ngozi is 29 years old and married with three children. She has been taking loans from LAPO Microfinance for the past three years and the loans have tremendously increased her business and her family life.


Ngozi needs a loan of N80,000 to purchase more electrical accessories and drinks to sell.


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Journal entries for Ngozi Samuel


Loan has been disbursed
 
Entrepreneur: Ngozi Samuel
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Ngozi Samuel 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 26, 2009
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Kiva Help Repayment Schedule for Ngozi Samuel

  Expected Repayments Actual Repayments Comments
June 2009 $68.75 $68.75 Repayment Received
July 2009 $68.75 $68.75 Repayment Received
August 2009 $68.75 $68.75 Repayment Received
September 2009 $68.75 $68.75 Repayment Received
October 2009 $68.75 $68.75 Repayment Received
November 2009 $68.75 $68.75 Repayment Received
December 2009 $68.75 $68.75 Repayment Received
January 2010 $68.75 Available Jan 1