Christiana is 35 years old; she is married and has four children. Her husband is a trader. Her children are still dependent upon her and go to school. She mills palm fruits into cooking oil to sell. Cooking oil is very essential in the preparation of soup in Nigeria. With this business, she assists her husband in meeting the basic needs of their home.
The Lift Above Poverty Organization (LAPO) is committed to improving lives in Nigeria and elsewhere in Africa, and Christiana is a committed (LAPO) client. She is requesting a loan of 100,000 Nigerian naira to purchase more palm fruits to mill into cooking oil to sell, in the hopes of expanding her business. She says thanks 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