Moromoke sells children's clothing and shoes at retail prices to her customers. This is the high season for her business and she hopes to meet the demands of her customers. She hopes to own a boutique for children in the future.
Moromoke is requesting a loan of 50,000 NGN to purchase more children's clothing to sell. She says thanks to 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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