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Isaac
Isaac is 38 years old and married with a child. He lives in Ibadan Oyo State, Nigeria. He sells bags of dried pepper and has been selling it for the past seven years. With this business, he is able to support his family's basic needs and other necessities. With the loan of N50,000, he plans to expand his bags of dried pepper business, which is now booming. With this kind of business, he hopes to increase his earnings in the long run and be able to provide better for his children's education. He say thank you 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
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,856,425
    Funds lent in using Kiva
  • 148.2
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Isaac to purchase more bags of dried pepper to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 10, 2009
Listed
Dec 3, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010