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Mary
Mrs. Mary C. is 45 years old and is married with 7 children. She lives in Benin City, Nigeria where she sells cassava products. That means, she processes cassava into our local food called "satana" or "fufu" and sells it to people living in her community. She has been in this business since 1986 and is currently a LAPO member. She is requesting a loan of $800 to enable her to buy more cassava, which she will process into local food.

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
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,853,475
    Funds lent in using Kiva
  • 119.4
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Mary to buy more cassava to process and sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 29, 2007
Listed
Nov 15, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 29, 2008