This loan has been FULLY FUNDED by 23 lenders!

Omolara Ayelabowo
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Status: Paid Back

$700
Loan Request
Disbursed : Apr 20, 2009
Listed: Apr 3, 2009
Funded: Apr 18, 2009
$700
Paid Back
Ended: Jan 15, 2010
Looking for a Fundraising Loan?

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About the Loan

Location: Ibadan, Oyo State, Nigeria   Repayment Term: 10 months
(more info)
Activity: Soft Drinks   Repayment Schedule: Monthly
Loan Use: Purchase more drinks to sell.   Currency Exchange Loss: Covered
      Default Protection: Covered
Omolara is 43 years old and married with three children. All her children are in school. Omolara sells drinks, retail, to her customers. She is requesting a loan of N100,000 to purchase more drinks to sell. She says thanks to all Kiva lenders.



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:147.0000 NGN = 1 USD
23 Lenders to this Entrepreneur

Anonymous
Bryan, TX
United States

terry
San Francisco, CA
United States

neddotcom
worldwide, OR
United States

Michael
New Castle, DE
United States

Corinna
munich,
Germany

Anonymous
Haarlem, Noord-Holland
Netherlands

Rebecca
lexington, MA
United States

Barrie Medical Clinic
Barrie, Ontario
Canada

One Horizon Foundation
Lexington, KY
United States

Lisa
West Linn, OR
United States

Laurent D
Brussels,
Belgium

Fred & Olga
Manhattan, KS
United States

Christine
Manassas, VA
United States

Dayle
Scottsbluff, NE
United States

Ben
Hawley Beach, Tasmania
Australia

John
Stanford, CA
United States

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

Tracey
Lake Orion, MI
United States

Steve
Pittsburgh, PA
United States

Karen
Wayne, NJ
United States

Jim
Missouri
United States

Susan
New York, NY
United States

Tom
Spring, TX
United States



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Journal entries for Omolara Ayelabowo


Subject: Loan has been disbursed
Location: Ibadan, Oyo State, Nigeria

Thank you for your loan. It has been disbursed to Omolara Ayelabowo 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 Ibadan, Oyo State, Nigeria
Apr 20, 2009
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Kiva Help Repayment Schedule for Omolara Ayelabowo

  Expected Repayments Actual Repayments Comments
July 2009 $87.50 $140.00 Repayment Received
August 2009 $87.50 $70.00 Repayment Received
September 2009 $87.50 $70.00 Repayment Received
October 2009 $87.50 $70.00 Repayment Received
November 2009 $87.50 $87.50 Repayment Received
December 2009 $87.50 $87.50 Repayment Received
January 2010 $87.50 $87.50 Repayment Received
February 2010 $87.50 $87.50 Repayment Received