Check out some available loans that are similar to this one!
Ngozi
Ngozi sells electrical accessories and drinks in her shop located along Igando Road in Lagos state. She has been in the trade for the past three years.


Ngozi is 29 years old and married with three children. She has been taking loans from LAPO Microfinance for the past three years and the loans have tremendously increased her business and her family life.


Ngozi needs a loan of N80,000 to purchase more electrical accessories and drinks to sell.

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
  • 3
    View loans »
    Nigeria Loans Fundraising
  • $5,955,525
    Funds lent in using Kiva
  • 148.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Ngozi purchase more electrical accessories and drinks to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2009
Listed
Mar 25, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009