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Oluwatoyin
Oluwatoyin sells kerosene and she has been in this business since 1993. She is 40 years old and married with 5 children. Oluwatoyin is requesting a loan of N140,000 to purchase more kerosene to sell. She is very happy with the loan that was given to her by Kiva and prayed that God will continue to bless and provide for the (Kiva lenders). She thanks 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

  • $6,100
    Average annual income
  • 20
    View loans »
    Nigeria Loans Fundraising
  • $6,000,275
    Funds lent in using Kiva
  • 147.5
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Oluwatoyin to purchase more kerosene to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2009
Listed
Mar 23, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009