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Elizabeth
For the past 12 years, Elizabeth has been selling sarongs, shoes, bags and ready-made clothes. She is requesting a loan of N100,000 to purchase more of this merchandise to sell. Elizabeth is grateful to Kiva lenders for their financial support in these hard times.

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
  • 47
    View loans »
    Nigeria Loans Fundraising
  • $5,949,725
    Funds lent in using Kiva
  • 154.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Elizabeth to purchase more cloths, shoes and bags to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2009
Listed
Aug 7, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010