Rose sells goats in an open section in the market in Benin City. This is the high season for her business and she hopes to meet the demands of her customers. Her greatest joy in this business is the one-on-one interaction that she has with her customers. She is 38 years old and married with five children. Her husband is a farmer. Rose is requesting a loan of N50,000 to purchase more goats to sell. She is very 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