Idowu sells drinks and has been in this business for a long time. She buys drinks in crates from those who buy directly from the company. She hopes for the loan amount of N80,000 to purchase drinks from the company directly as this would make the goods less expensive and more profitable for her.
Idowu is 40 years old and married with three children. She says thank you all.
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