Maria U. is 54 years old. She is married and has seven children.
Maria owns a poultry farm and a shop where she sells food stuffs. Maria has been in these businesses for some years. She manages these businesses to support her husband, who is a retired army officer. Maria is a LAPO client; she has been in LAPO for six years.
Maria is requesting a loan amount of 100,000 Nigerian naira (NGN) in order to purchase more food stuffs and feed in bulk, as this attracts customers and increases her profit. With this, she hopes to increase her earnings in the long run and be able to better provide for her children's education.
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