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Rasidatu sells foodstuffs and drinks. She has been in business for the past nine years and with this income assists her husband in the children's upbringing. She has been borrowing from LAPO for the past three years and is a faithful client. She goes to Cotonou once every two weeks to get foodstuffs in bags in large quantity at a discount. She hopes for the loan amount of N140,000 to purchase more foodstuffs which will enable her to meet customers' demand.

Rasidatu is 32 years old and has four children. She says thank you and promises to pay back promptly.

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
  • 429
    View loans »
    Nigeria Loans Fundraising
  • $6,290,950
    Funds lent in using Kiva
  • 158.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Rasidatu to purchase foodstuffs and drinks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jul 20, 2009
Aug 19, 2009
Currency Exchange Loss:
Mar 15, 2010