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Olubummi sells wood for furniture and house building etc. She started this trade two years ago but before that, she sold wrappers. She changed business because wood selling is more profitable. Olubummi needs a loan of N100,000 to increase her inventory.

Olubummi is 45 years old, married and has a child. She 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.

About Nigeria

  • $6,100
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $6,385,100
    Funds lent in using Kiva
  • 146.5
    Nigeria Nairas (NGN) = $1 USD