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Basiratu is 35 years old, married, and has three children. Her children attend school and this gives her joy as a mother. Her husband also works to support their home.

Basiratu sells engine oil to make a living. She loves her business because of the opportunity to interact with her customers. She hopes to grow her business to become bigger and stronger, and she also hopes to make more profits. She is requesting a loan of 60,000 NGN to purchase more engine oil 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.

About Nigeria

  • $6,100
    Average annual income
  • 25
    View loans »
    Nigeria Loans Fundraising
  • $6,043,525
    Funds lent in using Kiva
  • 152.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Basiratu to purchase more engine oil to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 10, 2010
Apr 1, 2010
Currency Exchange Loss:
Dec 10, 2010