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Esther sells sarongs. She has been in business for the past 8 years. Esther has been borrowing from Lapo for the past 3 years and the loans have been improving her business and her profit margin. She is 31 years old and married with 3 children. Esther is requesting a loan of N100,000 to purchase more sarongs to sell. She thanks you.

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
  • 427
    View loans »
    Nigeria Loans Fundraising
  • $6,290,950
    Funds lent in using Kiva
  • 155.3
    Nigeria Nairas (NGN) = $1 USD