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Salamot
Salamot, 34 years old and married with three children, buys CD and DVD discs from Alaba International Market to rent out to her shop customers. An LAPO client, she is requesting a loan to buy more discs to rent. Salamot says thank you to all who make 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

  • $1,188
    Average annual income
  • 6
    View loans »
    Nigeria Loans Fundraising
  • $5,882,325
    Funds lent in using Kiva
  • 117.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Salamot to buy more DVD and CD discs for renting.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 28, 2008
Listed
Nov 8, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009