Elizabeth is 56 years old, married and has seven children. She makes a living selling palm oil to her customers. Elizabeth has been in this business for a long time, and is applying for this loan so that she can buy more palm oil to sell. Demand is strong and her goal is to satisfy the needs of her customers. She extends her thanks to all Kiva lenders.
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. http://www.kiva.org/partners/20