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Alice
Alice is 59 years old, married, and has 3 children.


She sells crates of drinks at wholesale and retail prices to her customers. She has been in this business all her life and has the experience to ensure that she makes sales and keeps her customers. She plans to expand her business and increase her capital in the future. She is requesting a loan of 80,000 NGN to purchase more crates of drinks to sell.


She thanks 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
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,853,475
    Funds lent in using Kiva
  • 149.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Alice to purchase more crates of drinks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 7, 2010