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Loveth
S. Loaveth is 40 years old, married with 3 children, and comes from Ilaje Area of Lagos State, Nigeria. She has been in business since 1999, using a manual ceiling machine for the production of pure water (sachet water). She needs the loan amount of $775 to increase her production of sachet water for sale

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
  • 117.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Loveth to buy a ceiling machine and other material needed for the production of pure water.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 28, 2008
Listed
Feb 14, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 29, 2008