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Lucy
Lucy is 33 years old and is married with three children. She is into the sewing of clothes and sales of tailoring materials. She makes different styles for her costumers. With the profit from the business, she assists her husband in taking good care of her family.

Lucy hopes to expand her business by buying more tailoring materials to sell. She is requesting a loan of NGN 150,000 to purchase more tailoring materials to sell. 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

  • $1,188
    Average annual income
  • 4
    View loans »
    Nigeria Loans Fundraising
  • $5,882,325
    Funds lent in using Kiva
  • 150.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

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