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Funke
Funke, from Ibadan, is 53 years old and married with three children. A seller of provisions and gift items, she is requesting the loan amount of N50,000 to purchase more provisions and gift items to sell. She says thanks 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
  • 5
    View loans »
    Nigeria Loans Fundraising
  • $5,885,825
    Funds lent in using Kiva
  • 149.4
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Funke to purchase more provisions and gift items to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2009
Listed
Jul 23, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010