To make a living, Patience sells CDs and VCDs (video compact discs) at retail and wholesale prices to her customers. She is a highly-focused, hard-working woman. She is also friendly and uses her skills to attract more customers to her stall. She hopes to be a major distributor of VCDs in her community in Benin City, Edo State, Nigeria. She is 42 years old, married and has three children. Her husband is a commercial driver and also works hard to support his family. She has applied for a loan for 150,000 NGN to buy more CDs and VCDs to sell. She extends her sincerest thanks to all Kiva lenders for helping make this loan possible.
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