Onome lives in Edo State, Nigeria, where she sells groceries, drinks, fruit and foodstuffs at retail prices to her customers. With her combined businesses, she hopes to meet the basic needs of her immediate family members.
Onome is 49 years old and married with five children. Her husband is a commercial tailor. She hopes to own a supermarket in the future.
Onome is requesting a loan of 50,000 NGN to purchase more fruit, drinks and groceries to sell. She is indeed 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