Comfort is 28 years old. Her husband is a local football coach in Ibadan. She has three children and her youngest child is just 1 year old. She lives in Ibadan, Oyo state, Nigeria. She is a LAPO client. LAPO (Lift Above Poverty Organization) is committed to improving lives in Nigeria and Africa.
Comfort has a salon where she makes lovely hairstyles for her customers. She also sells hair extensions and cream. This is the high season for business and she hopes to make more profits. She is requesting a loan of 40,000 Nigerian naira to purchase more hair extensions and cream 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