Lagos State, Nigeria
April 12, 2010
Favour Odimegwu
About the Entrepreneur
Name: Favour Odimegwu
Location: Lagos State, Nigeria
Activity: Grocery Store
About the Loan
Loan Amount: $675
Loan Use: Grocery Store
Date Listed: Listed: Apr 1, 2010
Favour is business a woman who sells groceries and drinks at retail prices. She has been in business for four years. She hopes to improve and expansion her business.
She is requesting the sum of NGN 100,000 as a loan to purchase more groceries, food stuff and drinks to sell. This will attract more customers, reduce costs per item on the wholesale level and increase her profits.
Favour, 43, is hard worker, married with 2 children. They are 15 and 17 years old. She hopes to support their education. They live in Lagos State, Nigeria. She says thanks to all Kiva lenders for their assistance.
Important Information About This Loan
LAPO is pro-poor Microfinance Institution based in Benin City, Nigeria. The organization involves in activities which promote self-employment through microfinance services, development education for social transformation and health awareness programs aimed at alleviating poverty. LAPO’s commitment to creating credit to low-income people thus, seeking to improve their standard of living, unequivocally explains their high degree of social performance. From 2006 to date, LAPO has been making tremendous strides with Kiva and its lenders to deliver sound economic and social services for fighting poverty and empowering the disadvantaged lot in Nigerian society.
