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Vincent
Mr. Vincent E. currently needs a loan of US$875 to buy more tailoring materials for sale and thus be able to improve the standard of living of his family. Vincent is 51 years old, married, and has 8 children. He earns income running a fashion design business, which is a trade that he learnt for four years and which he operates in Benin City, Edo state, Nigeria.

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
  • 4
    View loans »
    Nigeria Loans Fundraising
  • $5,888,250
    Funds lent in using Kiva
  • 117.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Vincent purchase of tailoring materials for sale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 10, 2008
Listed
May 25, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009