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Jemilatu
Jemilatu B. lives in Sabo Oniba, Lagos State, Nigeria. She is 45 years old and married with six children. Since 2000, Jemilatu has been selling vegetable oil as well as producing nylon in her house.

Jemilatu is a LAPO (Lift Above Poverty Organization) client. She is requesting a loan of $700 USD to buy a deep freezer so that she can start selling sachet water. She will also use the money to buy a generator so that she can have a constant supply of electricity. She extends her thanks to all Kiva 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
  • 25
    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 Jemilatu to buy a deep freezer and a generator.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 19, 2008
Listed
Sep 5, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009