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Veronica is a business woman. She runs a beer bar in Lagos and her family lives there, too. She sells drinks to her costumers at retail and from this she makes her living. Veronica has been in the business for years.

As a hard working woman, she also sells pepper soup in order to make additional profit. With the profit she get from the business, she is able to support her family. She is requesting a loan amount of N 180,000 to purchase more drinks and pepper soup spices. Veronica is 40 years old, married with 3 children who are doing well in school. She says thanks to all Kiva lenders for their support.

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
  • 176
    View loans »
    Nigeria Loans Fundraising
  • $6,491,950
    Funds lent in using Kiva
  • 150.6
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Veronica to purchase more drinks and pepper soup spices.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 1, 2010
Feb 23, 2010
Currency Exchange Loss:
Dec 10, 2010