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Ajayi has a shop where she sells foodstuffs (amala), yam flour, plantain flour, and firewood. Amala in Yoruba land is a special delicacy and a common foodstuff in every home. This business is her livelihood and she has been in the business for over 15 years. She is very happy with the way her business is growing.

Ajayi is 46 years old and married with 5 children. Her husband is a civil servant, and they live in Lagos.

She hopes for a loan of NGN 50,000 to purchase more foodstuffs and firewood 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
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $6,385,100
    Funds lent in using Kiva
  • 152.1
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ajayi to purchase more foodstuffs and fire wood to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 10, 2010
May 1, 2010
Currency Exchange Loss:
Jan 7, 2011