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Felicia
Felicia O. is a 60 year married woman with 9 children. She sells palm oil and yams. She buys her yams from the western part of Nigeria while the palm oil is purchased from Delta State. The demand for her yams and palm oil is very high. Palm oil is used in the preparation of Nigerian soups like Banga & Egusi soups. She is requesting a loan of $700 to buy more yams and palm oil 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. http://www.kiva.org/partners/20

About Nigeria

  • $6,100
    Average annual income
  • 24
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 117.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Felicia to buy more palm oil and yams to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 21, 2008
Listed
Oct 7, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009