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Doris

The growing business of Doris B. shows that she is utilizing the funds that she has been borrowing from LAPO Microfinance for the past two years. She is 38 years old and married with four children. She sells cosmetics and cooking utensils in her shop. She acquired the skill over three years of training and has been in business since 2001.



She needs a loan for $850.00 to buy more cooking utensils and cosmetics so that her business can expand. She is grateful to Kiva and its lenders.

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
  • 5
    View loans »
    Nigeria Loans Fundraising
  • $5,885,825
    Funds lent in using Kiva
  • 117.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Doris to buy more cosmetics and cooking utensils to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 25, 2008
Listed
Jun 9, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009