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Victoria
Victoria is 30 years old and married with four children. She sells provisions, drinks and foodstuffs. She hopes for the loan amount of N50,000 to purchase a grinding machine to enable her grind pepper, tomatoes and beans for her customers. 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. http://www.kiva.org/partners/20

About Nigeria

  • $1,188
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,880,375
    Funds lent in using Kiva
  • 147.3
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Victoria to purchase purchase a grinding machine.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2009
Listed
May 26, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010