Yemi said she is requesting the loan amount of N140,000 to purchase layers in large quantity at a reduced price. This, she said, will enable her to meet the increasing demand of her customers.Yemi is based in Lagos State with her entire family. She is 46 years old and married with seven children. She says thank you.
Important InformationThe 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
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