Margaret owns a restaurant where she sells cooked foods and drinks. She also sells firewood in wholesale to her customers. She loves selling firewood because she has a lot of customers who patronize her firewood business. She is married with five children and she is 43 years old. She hopes for the loan amount of 140,000 NGN to purchase more firewood 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