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Kehinde
Kehinde is 53 years old and married with two children. His wife sells soup ingredients to help her husband. He produces and sells cellophane bags to earn a living. He loves this business because of the one-on-one interaction that he has with his customers. His greatest challenge is funds and he hopes to overcome the challenge. He hopes to grow his business to become bigger and stronger. He is requesting a loan of 50,000 nairas to purchase more cellophane bags to sell.

Kehinde 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

  • $1,188
    Average annual income
  • 1
    View loans »
    Nigeria Loans Fundraising
  • $5,882,325
    Funds lent in using Kiva
  • 150.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Kehinde to purchase materials to produce more cellophane bags to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 7, 2011