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Ifeoma has a restaurant where she sells juice, drinks, cooked foods, and pepper soup. She has lots of customers patronizing her restaurant. Ifeoma is 30 years old and married with a child. Her husband sells electronics at Alaba international market.

Ifeoma has been in the restaurant business for the past 2 years. She is a LAPO client. She needs the loan amount of N100,000 to purchase more drinks and juice to sell. She says thank you to 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
  • 143
    View loans »
    Nigeria Loans Fundraising
  • $6,528,975
    Funds lent in using Kiva
  • 117.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Ifeoma to purchase more drinks and juice to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 28, 2008
Dec 8, 2008
Currency Exchange Loss:
Jun 15, 2009