Titilayo sells crates of drinks in her house and has been in this business for four years. She is very happy about her business because she does not have to pay stall rent. The demand for her drinks is high and she hopes to meet the demands of her customers.
Titilayo is married with four children and she is 48 years old. She is a friendly woman and she uses her friendly skill to attract more customers to her business.
Titilayo is a LAPO client. LAPO (Lift Above Poverty Organization) is committed to improving lives in Nigeria and Africa. Titilayo is requesting a loan 100,000 NGN to purchase more crates of drinks to sell. She says thanks to 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