Sonia has a restaurant where she sells drinks and pepper soup to her customers. She has lots of customers coming to her restaurant. She hopes to retain her customers. She lives in Benin City, Edo State, Nigeria. She is 31 years old and married with 2 children. She hopes for the loan amount of N50,000 to purchase more drinks 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