Nkechi is 40 years old, married, and has three school-aged children who are still dependent upon her. She is a very hardworking and friendly woman.
Nkechi sells foodstuffs at retail prices to her customers. She loves her business because of the one-to-one interaction she has with her customers. Nkechi is a committed client of Kiva partner, LAPO, which is dedicated to improving lives in Nigeria and Africa. She is requesting a loan of 50,000 NGN to purchase more foodstuffs to sell. She sends her 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