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Osahenrunmwen
Osahenrunmwen is 33-years-old and is married with two children. She lives in Benin City, Edo state, Nigeria where she has a hair salon and creates lovely hair styles for her customers. Osahenrunmwen also sells hair-related products such as hair extensions, hair cream, etc. She has been in this business for a long time. She is requesting a loan amount of $275 (N40, 000) to purchase more salon products to sell. 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
  • 6
    View loans »
    Nigeria Loans Fundraising
  • $5,963,100
    Funds lent in using Kiva
  • 147.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Osahenrunmwen to purchase more hair-related products to sell in the salon.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 20, 2009
Listed
Feb 10, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009