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Faith
Faith sells crates of drinks at retail prices to her customers in Agbor, Delta state. She is 46 years old and married with four children. Her youngest child is 18 years old. Her husband is a commercial driver, and he also supports the home. She has been in this business for five years. She is a very focused businesswoman. She is a LAPO client. The Lift Above Poverty Organization is committed to improving lives in Nigeria and elsewhere in Africa. She is requesting a loan in the amount of NGN 100,000 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

  • $6,100
    Average annual income
  • 2
    View loans »
    Nigeria Loans Fundraising
  • $5,954,175
    Funds lent in using Kiva
  • 150.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Faith to purchase more crates of drinks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 26, 2010