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Esther
Esther O. sells second-hand shoes. She hopes to expand her business. She travels to Cotonou to purchase second-hand shoes to sell in Warri, Delta state, Nigeria. She is 49 years old and married with seven children. She is asking for a loan of $950 to purchase more shoes to sell. Esther says thanks to all who made this loan possible.

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
  • 28
    View loans »
    Nigeria Loans Fundraising
  • $5,997,875
    Funds lent in using Kiva
  • 148.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Esther to purchase more second-hand shoes to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 20, 2009
Listed
Mar 16, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009