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Mrs. Blessing B. lives in the town of Ajamgbadi in Lagos State, Nigeria. For the past four years, she has made a living selling cooked foods and drinks. She studied this trade for two years before opening her shop. Blessing is 30 years old, married and has two children. She has been a client at LAPO Microfinance for the past two years. Blessing has applied for a loan of $1,200, which she will use to expand her business by buying more drinks and food items to sell to her customers.

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
  • 424
    View loans »
    Nigeria Loans Fundraising
  • $6,292,750
    Funds lent in using Kiva
  • 117.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Blessing to buy more drinks and food to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 3, 2008
Jun 19, 2008
Currency Exchange Loss:
Apr 15, 2009