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Tayo
Tayo is into the making of snacks like egg rolls, buns, fish rolls, donuts and puff-puffs. She supplies her customers after she has finished making them. Her snacks are nice and her customers patronize her a lot. She is asking for loan of NGN 50,000 to purchase more flour, yeast, show glass and one popcorn machine, in order to satisfy her customers.

34-year-old Tayo is married with one kid. Her husband is a transporter and they live in Lagos State, Nigeria. She appreciates all Kiva lenders for their financial support.
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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
  • 151.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Tayo to purchase more flour, yeast, show glass and a popcorn machine.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 7, 2011