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Rose
Rose is friendly and a hard-working woman. She sells electrical materials to make a living in Lagos state, Nigeria. She sells for long hours to make her business sustainable. She hopes to expand her business in the future by adding the sale of electronics. She hopes for the loan amount of NGN 160,000 to purchase more electrical materials to sell. She is 45 years old and married with 5 children. Her children are still dependent on her and they attend school. She says 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

  • $6,100
    Average annual income
  • 23
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 151.0
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Rose to purcchase more electrical materials to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2010
Listed
Feb 11, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 10, 2010