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Ifeoma
A 35 year-old woman, Mrs. Ifeoma E. is married with four children. She lives in Benin City where she sells cooked food to the people in her community.



She is requesting the loan of $875 to buy more foodstuffs for cooking. She has been in this business since 1992 and has had three years of training in this business. She is a LAPO client.

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
  • 117.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Ifeoma to buy additional food Items for cooking and selling.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 25, 2008
Listed
Jan 11, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 26, 2008