Damiola sells bags of garri(cassava flakes) in wholesale to her customers.She has been in this business for long.she is hard working woman and she is determined to lift her business above poverty. the demands for her bags of garri is high and she hopes to meet the demands of her customers.She hopes for the loan amount of N100,000 to purchase more bags of garri to sell.
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