Efosa is married with 4 children and she is 38 years old. She sells drinks at wholesale and retail prices. This is the high season for sales and she hopes to make more profits. She hopes to be a major drink distributor in the future. She has been in this business for 4 years. She is a LAPO client. LAPO (Lift Above Poverty Organization) is committed to improving lives in Nigeria and Africa. She needs a loan of 100,000 NGN to purchase more drinks to sell. 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