Marian sells sarongs and baking materials such as baking powder, flour, etc. She has been in this business for a long time. She is married with nine children and she is 45 years old. She lives in Warri, Delta State, Nigeria. She requests the loan amount of 140,000 NGN to purchase more sarongs and baking materials to sell. She says thanks to all Kiva lenders.
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