Bukola is 33 years old and sells sarongs and bottles of wine. She is married with one child. Her husband works in a financial institution.She started this business in 2000 and is happy because her business is expanding. Bukola hopes to receive a loan amount of N140,000 to purchase more sarongs and bottles of wine 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