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Oladipupo
Oladipupo is 48 years old and married with 4 children. His eldest child is 19 years old. He has a bakery where he bakes bread to sell at wholesale and retail to his customers. He is a hard-working man and he hopes to lift his business and family above poverty. He hopes for loan amount of 100,000 to purchase more bags of flour to bake more bread to sell. He 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

  • $6,100
    Average annual income
  • 23
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 149.3
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Oladipupo to purchase more bags of flour to bake more bread to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2009
Listed
Nov 26, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 26, 2010