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Felicia
Felicia sells drinks and pure water and makes popcorn; she has been in this business for the past 3 years. Felicia is 30 years old and married with 2 children. Felicia is business-oriented, that is why she wants to include the sale of foodstuffs to her business.



Felicia needs the loan amount of N100,000 to buy more drinks, pure water, and foodstuffs to sell. This, she said, will increase her productivity and her profit. She is grateful to Kiva lenders for their kind heart and LAPO MICROFINANCE for their business training.

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
  • $5,958,200
    Funds lent in using Kiva
  • 117.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Felicia to purchase more drinks, pure water, and foodstuffs to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 28, 2008
Listed
Nov 4, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009