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Victoria
Victoria is 49 years old, is married with six children, and lives in Lagos, Nigeria. She is hardworking and believes that women are helpmates and need to support their men in keeping the home.

Victoria operates a restaurant and bar; she sells drinks, pepper soup and other food in order to make a profit. With the profit from the business she is able to save a little money and assist her husband in running the home. Her husband is a businessman and is also trying to meet his financial responsibilities.

Victoria hopes to expand her business by buying more drinks and foodstuffs to sell. She is requesting a loan of NGN 60,000 to purchase these items. 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
  • 21
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 148.2
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Victoria to purchase more drinks and foodstuffs to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2010
Listed
Mar 15, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 7, 2011