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Oyebola
Oyebola M. lives in Shibiri, Lagos State, Nigeria. She sells clothes, drinks and food, a business that she has been operating for the past 12 years. She is 37 years old and is married with 4 children. She has been borrowing from LAPO Microfinance for the past 2 years. She is requesting a loan of $850 to buy more clothes, drinks and food to sell. She expresses her gratitude 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

  • $6,100
    Average annual income
  • 8
    View loans »
    Nigeria Loans Fundraising
  • $5,959,050
    Funds lent in using Kiva
  • 117.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Oyebola to buy more drinks, clothes and food to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 16, 2008
Listed
Jun 11, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009