She sells crates of drinks at wholesale and retail prices to her customers. She has been in this business all her life and has the experience to ensure that she makes sales and keeps her customers. She plans to expand her business and increase her capital in the future. She is requesting a loan of 80,000 NGN to purchase more crates of drinks to sell.
She thanks all Kiva lenders.
Important InformationThe 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
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