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Afusatu
Afusatu A. sells drinks and produces nylon in her home. She has been selling drinks for a long time but learned to produce Nylon within the past 2 years. Afusatu is 51 years old and is married with 5 children. Afusatu lives in Okoko, Lagos state, Nigeria and is a LAPO client. She is requesting a loan of of $850 to buy more drinks and materials for the production of Nylon. She thanks you in advance.

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
  • $5,856,425
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Afusatu to buy more drinks and materials for the production of nylon to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 18, 2008
Listed
Oct 4, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009