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Tina
Tina is 32 years old and married with five children. She produces and sells cellophane bags. Now she needs a loan for N70,000 in order to purchase more materials to use in making these bags. Tina is a LAPO client. She says thanks to all Kiva lenders.

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
  • 24
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 147.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Tina to purchase more materials for making cellophane bags.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 20, 2009
Listed
Feb 19, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009