Favour is 29 years old and married with four children. Her husband is a civil servant. She sells food spices like tomato paste, garlic, curry, etc. This is the high season for her business and she hopes to make more profit during this season. She hopes to own a grocery stall in the future. She hopes for a loan of N120,000 to purchase more food spices to sell. She expresses her gratitude 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