Mary sells bags of melon at both wholesale and retail prices to her customers. In Nigeria, melon is used in the preparation of egusi soup (a soup made with ground melon seeds, vegetables, seasonings and meat). The demand for her bags of melon is high. This is the high season for her business and she hopes to make more profits.
Mary is 31 years old and is married with two children. Her husband sells foodstuffs to also support the home.
Mary hopes for a loan of 50,000 NGN to purchase more bags of melon to sell. She says thank you 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