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Florence
Florence sells drinks, snacks and more. She has been in the business for over eight years and she is very happy with the growth her business is experiencing since she joined LAPO micro-finance.

Florence wants her business to grow and expand continuously as it will also positively affect her profit making. She hopes for the loan of N100,000 to purchase more drinks, juice and snacks to sell.

Florence is 40 years old, married with two children, and lives together with her family in Lagos State, Nigeria. She says thank you to all Kiva lenders for their support.

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

  • $1,188
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,856,750
    Funds lent in using Kiva
  • 150.2
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Florence to purchase more drinks, juice and snacks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 10, 2010