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Rachael I. is a strong and energetic woman. She hails from Benin City, Edo State, Nigeria. She is 33 years old and single. She sells and rents VCDs and cassettes to people in her community. She has been in this business for 2 years. Ms. I. is requesting a loan of $875 so she can buy more VCDs and cassettes for sale. This will help her improve her business. She thanks you in advance for your help.

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.

About Nigeria

  • $6,100
    Average annual income
  • 372
    View loans »
    Nigeria Loans Fundraising
  • $6,316,950
    Funds lent in using Kiva
  • 117.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Rachael to buy more VCDs and cassettes for rent and sale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 12, 2008
Apr 23, 2008
Currency Exchange Loss:
Feb 15, 2009