Jumoke is 35 years old and married with three children. The family is based in Lagos.
Jumoke sells provisions and children’s wear and has been in this business for the past three years. Whatever her husband provides for the home she adds to from her profit to make sure it’s enough for the family to feed, clothe, pay house rent and look after aged parents.
Jumoke joined LAPO two years ago. She is requesting the loan of N100,000 to purchase children’s wear to sell. 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