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Elizabeth
Elizabeth, age 55, sells cooking oil at retail prices to her customers. She is a client of LAPO (Lift Above Poverty Organization), which is committed to improving lives in Nigeria and elsewhere in Africa. She loves her business because of the one-on-one interaction that she has with her customers. She is married and has seven children.


Elizabeth is requesting a loan in the amount of 150,000 NGN to purchase more cooking oil to sell. She sends her 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

  • $1,188
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,856,425
    Funds lent in using Kiva
  • 149.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Elizabeth to purchase more cooking oil to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 26, 2010