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Adeola
Adeola sells religious articles like candles, incense, olive oil and prayer books at retail prices to her customers. Her customers are usually friends, neighbors and residents. She hopes to expand her business in the future. She loves this business because she is able to support her husband in meeting the basic needs and necessities of the family. She is 30 years old and married with 2 children. Her children are doing well in school. Her husband is a welder and he also supports the home. She is requesting a loan of N50,000 to purchase more religious articles to sell. She says thank you 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
  • 1
    View loans »
    Nigeria Loans Fundraising
  • $5,958,200
    Funds lent in using Kiva
  • 148.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Adeola to purchase more religious articles to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 7, 2011