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Betty
Betty Aiguopbarueghian sells second-hand clothes and sarongs in the New Benin Market. This is one of the busiest markets in Benin City. She purchases the second-hand clothes from Lagos to sell in Benin City. Betty is 54 years old and married with 6 children. She requests a $425 loan to purchase more second-hand clothes to sell. She 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 $425 helped Betty to purchase more second-hand clothes 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:
Aug 15, 2009