This loan has been FULLY FUNDED by 21 lenders!

Adebisi Egbeyemi
|

Status: Paying Back

$550
Loan Request
Pre-Disbursed : Feb 3, 2010
Listed: Feb 9, 2010
Funded: Feb 10, 2010
Looking for a Fundraising Loan?
0% repaid

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About the Loan

Location: Lagos State, Nigeria   Repayment Term: 10 months
(more info)
Activity: Personal Products Sales   Repayment Schedule: Monthly
Loan Use: To purchase more hair extensions and cream to sell   Currency Exchange Loss: Possible
      Default Protection: Not Covered
Adebisi is 37 years old, married, and has three children, the eldest of whom is 14 years old. Her children are excelling in school and this gives her joy and peace. Her husband is a mechanic and he also supports the home. Adebisi is a hardworking woman and is determined to excel. She sells hair extensions and cream at retail prices to her customers. She loves her business because it is highly competitive. Adebisi is requesting a loan of 80,000 NGN to purchase more hair extensions and cream to sell. She says thank you to all Kiva lenders and promises to repay her loan promptly.



Important Information About This Loan
LAPO is pro-poor Microfinance Institution based in Benin City, Nigeria. The organization involves in activities which promote self-employment through microfinance services, development education for social transformation and health awareness programs aimed at alleviating poverty. LAPO’s commitment to creating credit to low-income people thus, seeking to improve their standard of living, unequivocally explains their high degree of social performance. From 2006 to date, LAPO has been making tremendous strides with Kiva and its lenders to deliver sound economic and social services for fighting poverty and empowering the disadvantaged lot in Nigerian society.

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About the Country

Country:Nigeria
Avg Annual Income:$1,188
Currency:Nigeria Nairas (NGN)
Exchange Rate:151.5500 NGN = 1 USD
21 Lenders to this Entrepreneur

Stephen
South River, NJ
United States

Alex
Boston, MA
United States

Emily
Lynnwood, WA
United States

Lou

Chris
Edinburgh, Edinburgh
United Kingdom

Kristin
Devon, PA
United States

Viraf
Dubai, Dubai
United Arab Emirates

Tim & Sarah
Boston, MA
United States

Jesse
VENICE, CA
United States

Paul
Maynard, MA
United States

Katie
Washington, DC
United States

SEGA
Appleton, WI
United States

Bharat
Seattle, WA
United States

Kyranna
New York, NY
United States

Julia
hellam, PA
United States

Jacqueline
New York, NY
United States

Anonymous
Kingston, Ontario
Canada

Julie
Everett, MA
United States

Jennifer
Ashburn, VA
United States



Top Lending Teams for this Entrepreneur


The American University
Colleges/Universities
14 Members

Boston University Kiva
Colleges/Universities
2 Members

University of Notre Dame
Colleges/Universities
58 Members

ACCION USA
Field Partner Fans
66 Members

Journal entries for Adebisi Egbeyemi


Subject: Loan to Adebisi Egbeyemi in Nigeria has been 100% funded
Location: Lagos State, Nigeria

Thanks to you and 20 other Kiva Lenders, the $550.00 loan requested by Adebisi Egbeyemi in Nigeria has been 100% funded. The loan will be used for the purpose of: To purchase more hair extensions and cream to sell.

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 Lagos State, Nigeria
Feb 10, 2010
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Kiva Help Repayment Schedule for Adebisi Egbeyemi

  Expected Repayments Actual Repayments Comments
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  
October 2010 $68.75 Available Oct 1  
November 2010 $68.75 Available Nov 1  
December 2010 $68.75 Available Dec 1