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Hope
Hope has a restaurant where she sells cooked foods to the people in her community. She has been in this business a long time. Hope is 35 years old and married with 5 children. She lives in Agbor, Delta State, Nigeria. She hopes for the loan amount of N100,000 to purchase more foodstuffs to cook and sell to her customers. 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

  • $1,188
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,853,475
    Funds lent in using Kiva
  • 147.1
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Hope to purchase more foodstuffs to cook and sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 20, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009