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Emmanuel
Emmanuel O. is 30 years old and married with one child. He lives in Benin City with his family, and has been in the business of selling garri, a popular food, since 2003. He trained in this business for 12 months, and needs a loan of $600 to buy more garri to sell to his 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. http://www.kiva.org/partners/20

About Nigeria

  • $1,188
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,853,475
    Funds lent in using Kiva
  • 117.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Emmanuel to buy more garri, a popular food made from cassava tubers, to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 27, 2008
Listed
Jul 9, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009