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Titilayo

Titilayo A. is 24 years old and she is married with two children. She lives in Issashi in Lagos State, Nigeria. She sells provisions and foodstuffs, like rice, beans, and plantain, in her shop.



Titilayo is a LAPO Microfinance client. She is requesting a loan of $1200 to buy more provisions and foodstuffs to sell. She is very grateful to all Kiva lenders and LAPO.

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
  • 11
    View loans »
    Nigeria Loans Fundraising
  • $5,891,700
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Titilayo to buy more provisions and foodstuffs to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 22, 2008
Listed
Oct 8, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009