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Mary
Mary has a shop where she sells microwaves, washing machines, fans, and other items in order to make a profit. With the profit from the business, she can save a little money and assist her husband in running the home. Her husband is a pastor, and he is also trying to meet his financial responsibilities.


Mary hopes to expand her business. She is requesting a loan in the amount of 100,000 NGN in order to purchase more microwaves and washing machines to sell.


Mary is 48 years old and married with four children. She lives in Lagos, Nigeria. She works hard to assist her husband in meeting the family's needs. She thanks all Kiva lenders for their financial 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
  • 4
    View loans »
    Nigeria Loans Fundraising
  • $5,887,475
    Funds lent in using Kiva
  • 150.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Mary to purchase more microwaves and washing machines to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 7, 2011