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Fadekemi
To earn a living in Ibadan, Fadekemi sells foodstuffs at retail prices. She is happy in her business because of the opportunity to interact with her customers. She hopes for the loan amount of NGN 80,000 to purchase more foodstuffs to sell. She hopes to grow her business. She hopes to a major foodstuffs distributor in the future.

Fadekemi is 39 years old and married to a teacher. Her husband also supports their home. Her three children are schooling and this gives her joy. 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
  • 150.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Fadekemi to purchase more foodstuffs to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2010
Listed
Mar 3, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 10, 2010