Mudupe is 49 years old and married with three children. She resides at Lagos State, Nigeria where she has sold provisions, drinks and foodstuffs for the past three years.
Having been with LAPO Microfinance for over a year, Mudupe hopes for the loan amount of N150,000 to purchase more provisions and foodstuffs to meet her customers’ demands. She says 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