Awawu sells fried groundnuts and popcorn, supplying her customers within her locale. She has been in the business for the past ten years. Awawu is forty-five years old and married with five children. She is very grateful for the financial assistance rendered to her by Kiva lenders in these hard times. She hopes for the loan amount of N50000 to purchase more groundnuts and guinea corn to sell. She thanks you.
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