Bessie sells fresh tomatoes and peppers at retail prices. She has been in this business for a long time. She loves this business because of the one-on-one interaction that she has with her customers. She hopes to expand her business.
Bessie is requesting a loan amount of 100,000 NGN to purchase more baskets of tomatoes and peppers to sell.
Bessie is married with three children. Her husband is a businessman.
She is a committed LAPO client. LAPO (Lift Above Poverty Organization) is committed to improving lives in Nigeria and elsewhere in Africa.
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