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Falode
Falode A. styles hair and sells hair extensions, creams, etc. She has been in business for the past eight years. She needs a loan of N150,000 to purchase more styling creams, extensions and drinks. Falode is 43 years old and married with four children. She lives in Lagos state with her family. Falode says thank you.

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
  • 54
    View loans »
    Nigeria Loans Fundraising
  • $5,949,725
    Funds lent in using Kiva
  • 147.3
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Falode purchase more hair materials and drinks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009