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Funmi
Funmi is 30 years old, married with 3 children. Her husband is an engineer. She sells sarongs and laces in the market. The demand for her sarongs is high and she hopes to meet the demands of her customers. This is the high season for her business and she hopes to make more profits during this season. She has been in this business for 4 years. She is a focused, hard worker. She is requesting for a loan amount of 100,000 NGN to purchase more sarongs 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
  • 149.3
    Nigeria Nairas (NGN) = $1 USD