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Funke sells clothes and baby items (baby cream, soap, shoes, etc.). She is 33 years old, married, and has 4 children. She hopes for a loan in the amount of NGN 70,000 ($475 US) to purchase more clothes and baby items to sell. She says thank you to all kiva lenders.

Additional Information

Important Information

The Kiva Field Partner in Nigeria who administers this loan is called the Lift Above Poverty Organization (LAPO). Kiva’s Staff wants to call your attention to the fact that LAPO is the subject of controversy. While all Kiva Field Partners charge an interest rate on loans to sustainably operate, LAPO’s interest rates (see their “Portfolio Yield”) and profitability (see their “Return on Assets”) are amongst the highest on Kiva. Kiva’s Staff encourages you to learn more about this Nigerian Field Partner before making this loan.

About Nigeria

  • $6,100
    Average annual income
  • 414
    View loans »
    Nigeria Loans Fundraising
  • $6,292,750
    Funds lent in using Kiva
  • 147.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Funke to purchase more clothes and baby items to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 20, 2009
May 4, 2009
Currency Exchange Loss:
Dec 15, 2009