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Omolola
Omolola is 32 years old, married and has three children. She makes a living selling foodstuffs and slippers. She is requesting a loan for N100,000 to buy more items to sell. She started her business eight years ago and has done very well. Omolola lives with her family in Lagos state, and 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
  • $5,856,425
    Funds lent in using Kiva
  • 158.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Omolola to buy slippers and foodstuff to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2009
Listed
Aug 19, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010