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Bola
Bola is a young lady who believes that business struggle is the antidote to poverty. She is 26 years old and married.


Bola has operated her restaurant business since 2004. Acquiring the skill took five years. Bola needs a loan of N 120,000 to enable her buy more drinks and sachet water to sell.


Bola is very grateful for the financial support rendered to her by LAPO Microfinance and Kiva. 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

  • $1,188
    Average annual income
  • 1
    View loans »
    Nigeria Loans Fundraising
  • $5,881,075
    Funds lent in using Kiva
  • 149.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Bola purchase more drinks and sachet water to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2009
Listed
Mar 24, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009