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Endurance
Endurance I. sells over-the-counter drugs to local villagers. She studied for three years before opening her business in 2006. Endurance has been borrowing from LAPO Microfinance for the past two years.


She is 26-years-old and is married with two children. She lives in shibiri, Lagos State, Nigeria. She is requesting a loan to buy more drugs and provisions for maximum business growth and for profit maximization.

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 $700 helped Endurance to buy more over-the-counter drugs.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 26, 2008
Listed
Jul 11, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009