Obiagah is 25 years old and married. She has no children at present, but hopes to raise a family in the future. Obiagah is a focused, hard-working woman and is happy to sell fruit for a living because it gives her a chance to spend a lot of time with her customers. She hopes to be a major fruit distributor in her community of Asaba, Delta state. To help make this possible, she has applied for a loan for N80,000. She will use this money to buy more fruit to sell, and offers thanks to all Kiva lenders for their assistance.
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