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Adetutu E. sells medicines in her community market, which is very close to her home in Ajamgbadi, Lagos State, Nigeria. She is 52 years old and is married with 3 children She has been in this business since 1980. She has been borrowing from LAPO Microfinance for the past 3 years. She needs a loan of $850 to buy more medicine to sell. 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.

About Nigeria

  • $6,100
    Average annual income
  • 12
    View loans »
    Nigeria Loans Fundraising
  • $6,036,650
    Funds lent in using Kiva
  • 117.8
    Nigeria Nairas (NGN) = $1 USD