Tinu is 48 years old and married with five children. She sells shoes and bags in front of her house in Ibadan, Oyo state. She has been in this business for a long time. She is very determined to lift her business and family above poverty. She hopes to own a boutique in the future. She hopes for a loan of 50,000 NGN to purchase more shoes and bags to sell. 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