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Stella
Mrs. Stella O. is 38 years old of age. She lives in Benin City and is married with 6 children. She sells fabric and rubber slippers. She trained in her business for 6 months and started her own in 2002. She is requesting a loan to buy more fabric and slippers for sale. She is a LAPO member.

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
  • 119.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Stella to buy more fabric and slippers for sale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 18, 2007
Listed
Dec 4, 2007
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2008