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Hope
Hope is an industrious woman who owns a salon. She styles hair for people and also sells styling creams and combs. She has been in this business for the past five years. Apart from this salon business, Hope also owns a tailoring business where she sells tailoring materials and also mends clothes for her customers. Hope needs the loan amount of N140, 000 to purchases a generator to help her cope with electricity problems.



Hope is a LAPO client. Hope is 41 years old and married with two children. She says thank you to all her Kiva lenders.

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
  • 5
    View loans »
    Nigeria Loans Fundraising
  • $5,882,325
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hope to purchase a generator and hair materials.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 28, 2008
Listed
Nov 18, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009