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Victoria
Victoria is 36 years old and married with 4 children. Her children are still young, and they are dependent on her. Her husband is a mechanic, and he also supports their home. She sells motor spare parts to make a living. She has been in this business for 11 years, and she is itching for expansion in her business. She lives in Ogbomoso, Oyo state, Nigeria. She is a LAPO client. She needs a loan in the amount of 100,000 NGN to purchase more motor spare parts to sell. She duly thanks 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
  • 28
    View loans »
    Nigeria Loans Fundraising
  • $5,997,875
    Funds lent in using Kiva
  • 150.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Victoria to purchase more motor spare parts to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2010
Listed
Mar 4, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 10, 2010