Dupe sells fire-wood and is a cheap means of cooking for commercial and home use, Dupe also has machine for milling various items like maize, tomatoes e.t.c. she buys fire-wood from neighbouring villages and sells them in Lagos state. She has been in these businesses for many years and from this she assists her husband in running the home. Dupe is requesting for the loan amount of N140,000 to purchase fire-wood in bulk at a reduced price, Dupe is 50 years old and married with three children, her entire family is based in Lagos state. She says thank 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