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Benedicta
Mrs. Benedicta A. is 42 yrs old, married with 7 children, and lives in Benin City. She sells yams and dried fish; she learned this business for 2 months and then started her own in 1996. According to her, when given a loan she will be able to buy more dried fish to be sold. She is a LAPO member (the lender).

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
  • $5,856,425
    Funds lent in using Kiva
  • 118.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Benedicta to buy more dried fish, crayfish & yams to sell.
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