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Victoria
Victoria sells drinks and bottled water. She also bakes snacks which she supplies to big schools. Victoria is also a party and event manager, supplying food and drinks at social gatherings. She has been in this business since 2000.


Victoria is forty-four years old and a widow, and has an aged parent and three children under her care. She said since she lost her husband that she has to work extra hard to meet the children’s expectations and their ever-increasing demands. Support is not forthcoming from anywhere.


She is requesting a loan of N160,000 to purchase more crates of drinks and bottled water 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. http://www.kiva.org/partners/20

About Nigeria

  • $6,100
    Average annual income
  • 32
    View loans »
    Nigeria Loans Fundraising
  • $6,002,400
    Funds lent in using Kiva
  • 158.4
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Victoria to purchase crates of drinks and bottled water to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2009
Listed
Aug 21, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010