Grace is 40 years old and married with 4 children. Her eldest child is 17 years old. She sells plastics of various colors and sizes. She hopes for a loan amount of 150,000 NGN to purchase more plastics to sell. Her greatest joy in her business is the one-on-one interaction that she has with her customers. She hopes to be a major plastic 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