Arowaji Adewumi


Status: Paying Back

$475.00   Loan Amount
87% repaid

About the Entrepreneur

Name: Arowaji Adewumi
Location: Lagos State, Nigeria
Activity: Bakery

About the Loan

Loan Amount: $475.00
Loan Use: To purchase more baking items
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 26, 2009
Date Disbursed: Mar 20, 2009
Date Funded:Mar 26, 2009

About the Country

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



Arowaji bakes cakes and meat pies and sells shoes. She needs the loan amount of N70,000 to purchase more baking items. She is 39 years old with three children. She says thanks to Kiva lenders.

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Journal entries for Arowaji Adewumi


Loan has been disbursed
 
Entrepreneur: Arowaji Adewumi
Location: Lagos State, Nigeria

Thank you for your loan. It has been disbursed to Arowaji Adewumi 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 27, 2009
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Kiva Help Repayment Schedule for Arowaji Adewumi

  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