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Olayinka A. is 41 years old and married with four children. Her husband is a commercial driver. They live in Ibadan, Nigeria. Olayinka sells ground nut oil in wholesale and retail and she hopes to expand her business. She would like a loan amount of N100,000 to purchase additional groundnut oil to sell. She says thank you to everyone that made this loan possible.

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
  • 156
    View loans »
    Nigeria Loans Fundraising
  • $6,517,150
    Funds lent in using Kiva
  • 149.8
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Olayinka to purchase more ground nut oil to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 20, 2009
Feb 2, 2009
Currency Exchange Loss:
Jan 15, 2010