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Olumide is 32 years old and married with a child. Her child is 14 years old and he attends school.

She sells rechargeable phones and accessories at retail prices to her customers to earn a living. She sells for long hours to enable her support her husband. She loves this business because of the one-on-one interaction that she has with her customers.

She hopes for a loan amount of NGN 70,000 to purchase more rechargeable phones and accessories to sell. She says thanks to all Kiva lenders.

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
  • 166
    View loans »
    Nigeria Loans Fundraising
  • $6,543,750
    Funds lent in using Kiva
  • 151.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Olumide to purchase more rechargeable phones and accessories to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 2, 2010
Feb 9, 2010
Currency Exchange Loss:
Dec 10, 2010