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Idowu
Idowu sells drinks and has been in this business for a long time. She buys drinks in crates from those who buy directly from the company. She hopes for the loan amount of N80,000 to purchase drinks from the company directly as this would make the goods less expensive and more profitable for her.

Idowu is 40 years old and married with three children. She says thank you all.

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
  • $5,881,075
    Funds lent in using Kiva
  • 158.4
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Idowu to purchase soft drinks directly from the company.
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:
Mar 15, 2010