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Ibiduni
Ibiduni sells cooked foods like àmàlà and soup. Àmàlà is made from yam or plantain. Ibiduni is 47 years old and married with four children. She has been in this business for a long time. She hopes for a loan of 100,000 nairas to purchase more plantain to make àmàlà to sell. She is indeed grateful 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
  • 5
    View loans »
    Nigeria Loans Fundraising
  • $5,885,825
    Funds lent in using Kiva
  • 151.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Ibiduni to purchase more plantain to cook more àmàlà to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Oct 20, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 7, 2010