Check out some available loans that are similar to this one!
Mrs. Magdalene I. is 44 years old, married and the mother of five children. She lives in Benin City with her husband. She has been with LAPO for the past three years.

She sells firewood, garri and plantains. She buys the firewood in the morning and sells it to people. She wants to increase her stock; hence she applied for a $400 loan.

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
  • 143
    View loans »
    Nigeria Loans Fundraising
  • $6,543,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Magdalene to buy more firewood, garri and plantains.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Nov 5, 2007
Oct 22, 2007
Currency Exchange Loss:
Jul 5, 2008