This loan has been FULLY FUNDED by 13 lenders!

Victoria Bode

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Location:	Benin City, Nigeria	Repayment Term:	10 months (more info)
Activity:	Grocery Store	Repayment Schedule:	Monthly
Loan Use:	To purchase groceries to sell	Currency Exchange Loss:	Covered
		Default Protection:	Covered

Victoria is 30 years old and is married with 4 children. She sells groceries and drinks. She started this business in 2001. Victoria is a LAPO client. She needs loan of N50,000 to purchase more groceries and drinks to sell. She says "thanks" to all Kiva lenders for their financial support.

Important Information About This Loan

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

Country:	Nigeria
Avg Annual Income:	$1,188
Currency:	Nigeria Nairas (NGN)
Exchange Rate:	117.7250 NGN = 1 USD

Pim
Geldermalsen NL
Netherlands

Vicki

Canada

rhonda
Amsterdam, Noord-Holland
Netherlands

Gina - Yarrawonga
Yarrawonga, Victoria
Australia

Anonymous
Brussels
Belgium

Anonymous

Xander
London, London
United Kingdom

Andrew
EVANSTON, IL
United States

Wiita Family

Anonymous

Wonga.com
London, London
United Kingdom

Joseph
Easton, MD
United States

Linda
Mission, KS
United States

UKNot
Common Interest
2 Members

Australia
Local Area
2229 Members

Kiva Mosaic
Businesses - Internal Groups
3 Members

Wonga.com
Businesses
62 Members

Team Europe
Local Area
1898 Members

Status: Paid Back

How Kiva Works

$425	Loan Request Pre-Disbursed : Nov 28, 2008 Listed: Dec 18, 2008 Funded: Dec 19, 2008
$425	Paid Back Ended: Aug 15, 2009
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Lift Above Poverty Organization (LAPO) administers this loan. Learn more

Field Partner:

Lift Above Poverty Organization (LAPO)

Field Partner Risk Rating:

(Learn more)

Fundraising Status:

Paused

Time on Kiva:

46 months

Kiva Entrepreneurs:

8596

Total Loans:

$4,976,700

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	83%
Profitability (Return on Assets):	14.7%
Average Loan Size (% of Per Capita Income):	14%

Delinquency Rate:

0.36%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

Journal entries for Victoria Bode

Subject: Victoria loves her business Location: Benin City, Nigeria Victoria loves her business. She is very grateful to all the lenders who entrusted her with a loan capital that she needed in expanding her business. Through the loan she was able to purchase the necessary commodities she needed for the growth of her enterprise.
Posted by EHIGIAMUSOE GODWIN from Benin City, Nigeria Jun 29, 2010
Comment on this entry

Subject: Victoria business up date Location: Benin City, Nigeria Victoria said she won’t be able to see her stall doing well without Kiva lenders and LAPO. Though challenges strike sometimes, life must go on. She used her Kiva loan to purchase more groceries to sell. She is very grateful to all Kiva lenders.She has fully repaid her kiva loan and she hopes to own a super market in the future. She has fully repaid her kiva loan. She hopes to access more loans in the future.
Posted by EHIGIAMUSOE GODWIN from Benin City, Nigeria Jan 15, 2010
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Subject: Victoria's business is good Location: Benin City, Nigeria Victoria is into sales of groceries and drinks. She used the loan she collected to purchase more groceries and drinks for sale. She is the leader of Akugbe Union. Her hopes and aspiration is for her business to grow and expand. She says a big thank you to all who contributed to her loan. In addition she say that loan has done well for her business and family.
Posted by Uche Adekunle from Benin City, Nigeria Jan 6, 2010
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Subject: VICTORIA Bode is able to satisfy the growing demand Location: Benin City, Nigeria VICTORIA Bode is able to satisfy the growing demand of her numerous customers. Victoria is very happy with LAPO Microfinance and kiva lenders for the support given to her. She thanks to you all.
Posted by EHIGIAMUSOE GODWIN from Benin City, Nigeria Jul 1, 2009
Comment on this entry

Subject: Loan has been disbursed Location: Benin City, Nigeria Thank you for your loan. It has been disbursed to Victoria Bode by Lift Above Poverty Organization (LAPO) in Nigeria. We are excited to watch this business grow. Over the 8 months of this loan, Lift Above Poverty Organization (LAPO) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Benin City, Nigeria Dec 20, 2008
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Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2009	$53.13	$106.25	Repayment Received
March 2009	$53.13	$0.00	Repayment Received
April 2009	$53.13	$53.12	Repayment Received
May 2009	$53.13	$53.12	Repayment Received
June 2009	$53.13	$53.12	Repayment Received
July 2009	$53.13	$53.12	Repayment Received
August 2009	$53.13	$53.12	Repayment Received
September 2009	$53.09	$53.15	Repayment Received

Victoria Bode | More

Journal entries for Victoria Bode

Victoria Bode

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More