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Rose U. is 50 years old and married to Mr. U. and they have five children. She and her family live in Egbeda, Lagos State, Nigeria. She sells drinks and rice, both wholesale and retail; she has been in this business for the past ten years. Rose needs the loan amount of $450 to buy more drinks and bags of rice for sale.

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
  • 117.6
    Nigeria Nairas (NGN) = $1 USD