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Rose
Rose O. is 42 years old and married with 2 children. She lives in Benin city, Edo State, Nigeria. She sells hair extensions, provisions and drinks. She has been in this business for a long time. She needs the loan amount of N140,000 to purchase more hair extensions, provisions and drinks to sell. She says thanks to all who 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
  • 2
    View loans »
    Nigeria Loans Fundraising
  • $5,958,200
    Funds lent in using Kiva
  • 148.0
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Rose to purchase more hair extensions, provisions, and drinks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 20, 2009
Listed
Jan 22, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009