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Adigun
Adigun D. lives in Ogbomosho, Oyo State, Nigeria. Adigun is 43 years old and married with 4 children. Adigun crushes palm kernel. He has been in this business for a long time. He purchases the palm kernel and crushes it to sell to his customers. He hopes to expand his business and increase his profits. He needs the loan amount of N100,000 to purchase more palm kernel to sell.

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
  • 148.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Adigun to purchase more palm kernel to crush and sell.
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