Check out some available loans that are similar to this one!
Adeyi
Adeyi S. is a 40-year-old married man with three children. To earn a living, he sells palm kernels to both retail and wholesale customers. He notes that he has a great deal of experience in this line of business. Now, he is seeking a loan in the amount of $675 (100,000 NGN) to purchase more palm kernels for resale purposes. He thanks everyone for their 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
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,856,425
    Funds lent in using Kiva
  • 148.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Adeyi to expand his inventory by purchasing more palm kernels.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 20, 2009
Listed
Feb 13, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009