Check out some available loans that are similar to this one!
Onyekachi
Onyekachi O. owns a store where he sells rechargeable phones and phones accessories. He is 27 years old and single. He hopes to get married soon. Onyekachi travels to Lagos and Onitsha to purchase rechargeable phones and phone accessories to sell in Benin City. He requests a $275 loan to purchase more rechargeable phones and accessories. He says thank you to all that 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

  • $6,100
    Average annual income
  • 32
    View loans »
    Nigeria Loans Fundraising
  • $6,002,400
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Onyekachi to purchase more rechargeable phones and phone accessories to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2008
Listed
Dec 1, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009