Kehinde is 39 years old and the mother of two children. She owns a restaurant business offering services in a location which is very favorable for most of her clients. She has been in this business for about nine years. She says the only challenge she faces in her business is insufficient capital to expand the business, though her customers always cherish and commend her for the food. She hopes to own a big restaurant in the future. She needs a loan amount of NGN 50,000 to purchase more foodstuffs and other necessary items to prepare well presented food to sell and attract more customers. She says thanks to all Kiva lenders for their support.
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