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Favour
Favour O. owns a tailoring store. He sews clothes of different styles for people. His customers are both male and female. He is 35 years old and is married with four children. He lives in Benin City, Edo State, Nigeria. Since the festive season is fast approaching, he is requesting a loan of $525 to buy more clothing materials for sale and also for sewing. He thanks all those that made this loan possible.

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
  • 2
    View loans »
    Nigeria Loans Fundraising
  • $5,954,175
    Funds lent in using Kiva
  • 117.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Favour to buy more tailoring materials for sale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 23, 2008
Listed
Oct 9, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009