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Adenike is 39 years old and married with three children. She sells drugs and produces liquid soap. She supplies the liquid soap to supermarkets to sell. She needs the loan amount of $700 to buy more drugs and materials for making liquid soap.

Adenike started her business in 2002. This loan will go a long way in helping her business grow. She says thank you to all that made this loan possible.

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
  • 20
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Adenike to increase her stock of drugs and purchase materials for making liquid soap.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 26, 2008
Aug 12, 2008
Currency Exchange Loss:
May 15, 2009