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Oladuni
Oladuni is a fashion designer with 3 sewing machines and 1 apprentice that also sells tailoring materials. She hails from Mebamun Lagos State Nigeria; she is 32 years of age and has 2 children. Oladuni acquired the skill of trading for 4 years and has been in this business since 2003. She has been borrowing from LAPO Microfinance for the past 2 years and she is requesting a loan of $1200 to enable her to buy more tailoring materials.

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
  • 117.2
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Oladuni to buy more tailoring materials.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 27, 2008
Listed
Apr 12, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009