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Victoria
Victoria is 25 years old and she is a single parent with a child. She lives in Benin City, Edo state, Nigeria. Victoria sells sewing thread, sponges, bulbs, etc. She started this business in 2005. She is a LAPO client. Victoria needs the loan amount of N102, 000 to purchase more thread, sponges, bulbs and sewing needles to sell. She says thank you to all who made 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

  • $1,188
    Average annual income
  • 5
    View loans »
    Nigeria Loans Fundraising
  • $5,885,825
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Victoria to purchase more thread, sponges, bulbs and sewing needles to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2008
Listed
Dec 15, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009