Mercy Joshua
| $400 |
Loan Request
Pre-Disbursed
: Nov 10, 2009
Listed: Nov 21, 2009
Funded: Nov 28, 2009
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About the Field Partner
| Lift Above Poverty Organization (LAPO) administers this loan. Learn more | |||||||
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| Field Partner: | Lift Above Poverty Organization (LAPO) | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 39 months | ||||||
| Kiva Entrepreneurs: | 7320 | ||||||
| Total Loans: | $4,398,925 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.07% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Nigeria |
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| Avg Annual Income: | $1,188 |
| Currency: | Nigeria Nairas (NGN) |
| Exchange Rate: | 151.8750 NGN = 1 USD |
About the Loan
| Location: | Benin City, Nigeria | Repayment Term: | 10 months (more info) |
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| Activity: | Beauty Salon | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase more hair extensions and cosmetics to sell | Currency Exchange Loss: | Possible | |
| Default Protection: | Covered |
Mercy has been in her business for six years. She is hoping for a loan of 60,000 nairas to purchase more cosmetics and hair extensions. She is a LAPO client. LAPO is a microfinance institution with a goal of alleviating poverty in the lives of the working poor in Nigeria.
Mercy is indeed grateful to all Kiva lenders.
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Journal entries for Mercy Joshua
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Loan to Mercy Joshua in Nigeria has been 100% funded
Location: Benin City, Nigeria
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Posted by
from Benin City, Nigeria
Nov 28, 2009 |
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Comment on this entry
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Repayment Schedule for Mercy Joshua
Repayment Schedule for Mercy Joshua
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2010 | $50.00 | $50.00 |  Repayment Received
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| March 2010 | $50.00 | Available Mar 1 | |||
| April 2010 | $50.00 | Available Apr 1 | |||
| May 2010 | $50.00 | Available May 1 | |||
| June 2010 | $50.00 | Available Jun 1 | |||
| July 2010 | $50.00 | Available Jul 1 | |||
| August 2010 | $50.00 | Available Aug 1 | |||
| September 2010 | $50.00 | Available Sep 1 | |||
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