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Gloria
Gloria O. is a young woman of 42. She is married and mother of 5 children, and she has been a LAPO client for over 7 years. Gloria sells kerosene by the gallon to market men and women in her community. She has been in this business since 1995. The above loan amount (US$ 1,175) is to help Gloria improve her turnover by purchasing more kerosene for resale.

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
  • 24
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Gloria to buy a tank of kerosene for resale by the gallon.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 27, 2007
Listed
Sep 13, 2007
Currency Exchange Loss:
N/A
Ended:
May 28, 2008