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Cynthia
Cynthia O. is a caterer. She built a small open shop with wood where she sells cooked foods like rice, beans, plantains, etc.

She is 32 years old and married with two children. Her husband is a commercial driver. Her children are in primary school.

She is requesting a loan amount of N80,000 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

  • $1,188
    Average annual income
  • 6
    View loans »
    Nigeria Loans Fundraising
  • $5,882,900
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Cynthia 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