Ngozi Chukuemeka

Status: Paying Back

$550
Loan Request
Pre-Disbursed : Nov 5, 2009
Listed: Nov 20, 2009
Funded: Nov 29, 2009
12% repaid

About the Country

Country:Nigeria
Avg Annual Income:$1,188
Currency:Nigeria Nairas (NGN)
Exchange Rate:151.8750 NGN = 1 USD


About the Loan

Location: Asaba, Delta State, Nigeria   Repayment Term: 10 months
(more info)
Activity: Grocery Store   Repayment Schedule: Monthly
Loan Use: To purchase rice, beans and more groceries in bulk   Currency Exchange Loss: Possible
      Default Protection: Covered
Ngozi sells groceries and has been in the business for two years. She has been selling items like tomatoes, bread and milk, but due to the demand for rice and beans, she hopes for a loan of 80,000 NGN to purchase rice and beans, along with other groceries, in bulk at a discount. This, she said, will enable her to satisfy her customers' needs and increase her capital and profit.


Ngozi is 31 years old and married, and she has three children. She is a hard-working woman, and she works long hours to make more profit in order to meet the basic needs of her family. She says thanks to all Kiva lenders for their support.


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Journal entries for Ngozi Chukuemeka


Loan to Ngozi Chukuemeka in Nigeria has been 100% funded
 
Entrepreneur: Ngozi Chukuemeka
Location: Asaba, Delta State, Nigeria

Thanks to you and 10 other Kiva Lenders, the 550.00 loan requested by Ngozi Chukuemeka in Nigeria has been 100% funded. The loan will be used for the purpose of: To purchase rice, beans and more groceries in bulk.

Over the months of this loan, Kiva’s Field Partner in Nigeria, Lift Above Poverty Organization (LAPO), will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Asaba, Delta State, Nigeria
Nov 29, 2009
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Kiva Help Repayment Schedule for Ngozi Chukuemeka

  Expected Repayments Actual Repayments Comments
February 2010 $68.75 $68.75 Repayment Received
March 2010 $68.75 Available Mar 1  
April 2010 $68.75 Available Apr 1  
May 2010 $68.75 Available May 1  
June 2010 $68.75 Available Jun 1  
July 2010 $68.75 Available Jul 1  
August 2010 $68.75 Available Aug 1  
September 2010 $68.75 Available Sep 1