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Ayangoke
Ayangoke is an electrician and he is doing well in his business. He hopes to expand his business in the future. He has been in this business for a long time. He is the only electrician in his community and the demands for his services are high. He is married with 4 children and he is 51 years old. His wife also works to support their home. He hopes for a loan amount of NGN 150,000 to purchase more materials to increase his business. He has a good relationship with Lift Above Poverty Organization (LAPO) is committed to improving lives in Nigeria and elsewhere in Africa. He 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
  • 21
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 150.2
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ayangoke to purchase more materials to increase his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 10, 2010