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Mutiyat
Mutiyat sells bags of charcoal and she has been in this business for four years. She is 35 years old and married with four children.

Mutiyat hopes for the loan of N140,000 to purchase more bags of charcoal to sell. She says thanks 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

  • $6,100
    Average annual income
  • 29
    View loans »
    Nigeria Loans Fundraising
  • $6,002,400
    Funds lent in using Kiva
  • 154.0
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Mutiyat to purchase more bags of charcoal to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2009
Listed
Sep 14, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 11, 2010