Paulina sells crates of drinks at wholesale and retail prices to her customers in Benin City, Edo state. She has a van that she uses to supply her customers. She is 43 years old and blessed with 7 children. Her children are doing well in school. Her husband is also involved in her business. She hopes for a loan amount of 100,000 NGN to purchase more crates of drinks to sell. She hopes to become a major drink distributor in the future. 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