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Ruth
Ruth is 50 years old and married with four children. Ruth sells foodstuffs and provisions. She also makes egg roll. She needs a loan of N100000 to purchase more foodstuffs and provisions to sell. 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
  • 2
    View loans »
    Nigeria Loans Fundraising
  • $5,958,200
    Funds lent in using Kiva
  • 147.0
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Ruth to purchase more foodstuffs and provisions to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 20, 2009
Listed
Feb 26, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009