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Beauty
Beauty O. is 50 years old and married with eight children. She sells cooked foods like beans, plantains, etc. She also sells drinks. The demands for her cooked foods are high. She desires to expand her business.

Beauty is requesting a loan amount of N100,000 to purchase more foodstuffs to cook and sell to her customers. She says thanks to all Kiva lenders for their financial support.

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
  • 3
    View loans »
    Nigeria Loans Fundraising
  • $5,958,200
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Beauty to purchase more foodstuffs to cook and sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2008
Listed
Dec 5, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009