Bose has a salon where she creates lovely hair styles for her customers. She also sells hair extension and drinks to her customers at retail prices. With her combined businesses, she is able to support her family. This is the busy season for her sales and she hopes to meet the demands of her customers. She hopes to own a fashion house in the future. She is 31 years old and married with 3 children. Her husband is an engineer.
She is hoping for a loan of N60,000 to purchase more hair extensions and drinks to sell. She says "thank you" to all Kiva lenders for their financial support.
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