Martha sells fairly used clothing at market in the city of Warri, Nigeria. She is 37 years old and married with four children. Martha is a focused, hard worker who puts in long hours trying to keep her business sustainable. She hopes for a loan of 100,000 NGN to purchase more inventory to sell. She hopes that this loan will help her build a business that will be profitable and provide benefits for her family. She says thanks to all Kiva lenders for their 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