Sekinatu sells clothing materials and the fabrics that are used to make native clothing. She sells clothing in different styles based on customer demand. She goes to Lagos Island twice every month to purchase these goods. She has been in this trade for five years and, with patience, has groomed her business to this level. She is hoping for a loan of N100,000 to purchase clothing materials to sell.
Sekinatu is 50 years old. She is married and has four children.
"Loans from LAPO have greatly improved my business and family life. I am grateful to all who make this loan accessible," says Sekinatu.
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