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Rosemary
"I learned the act of trade from my mother. I sell provisions and drinks and it has be the source of livelihood of my family," says Mrs. Rosemary I., who is a 30 year old married mother of 4 children living in Benin City. She has been in this business since 2005 and she is currently a LAPO member. She is seeking a loan of $250 to buy more provisions and drinks. She thanks you.

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
  • 24
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 119.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rosemary to buy more provisions and drinks to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 3, 2007
Listed
Nov 19, 2007
Currency Exchange Loss:
Covered
Ended:
Aug 3, 2008