Ibiduni sells cooked foods like àmàlà and soup. Àmàlà is made from yam or plantain. Ibiduni is 47 years old and married with four children. She has been in this business for a long time. She hopes for a loan of 100,000 nairas to purchase more plantain to make àmàlà to sell. She is indeed grateful 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