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Vero I. is 50-years-old and a widow with four children. She sells provisions like detergent, bathing soap and toothpaste in her shop, located close to a motor park. She is determined to lift her family above poverty.This location attracts alot of customers.

Vero has been experiencing a high turnover of products, thus she needs to increase her inventory. Her customers with their requests have outnumbered her supplies. She is requesting a loan to purchase more provisions to sell in her shop. She thanks all Kiva lenders for their financial 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
  • 3
    View loans »
    Nigeria Loans Fundraising
  • $6,376,775
    Funds lent in using Kiva
  • 117.9
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Vero to increase inventory of provisions in the shop.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 28, 2008
Nov 8, 2008
Currency Exchange Loss:
Aug 15, 2009