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Bola
Bola is 32 years old, married with two children and in primary school. Her husband is a roadside motor mechanic. She bakes and sells snacks and groceries. She has been in this business of snack sales for some time. With the profit from her business, she helps to support her husband financially.



Bola wants to add more to her business activities that will help generate more income. She hopes for a loan of N100,000 to purchase a grinding machine for grinding tomatoes, corn, pepper etc. This she can work with when she is less busy in her snacks business.



She is a committed LAPO client. She thanks all lenders for their financial support.

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
  • 4
    View loans »
    Nigeria Loans Fundraising
  • $5,882,325
    Funds lent in using Kiva
  • 150.3
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Bola to purchase more baking items and a grinding machine.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010