Folashade is 45 years old, married and has four children. She lives in Ibadan, Oyo State, Nigeria. Her husband makes a living selling granite and sand, and works hard to support his family. Folashade is a LAPO client, and sells crates of eggs to earn additional money. She loves this business because of the one-on-one interaction that she has with customers. She is requesting for a loan for NGN 70,000 to buy more crates of eggs to sell. She extends her sincerest thanks to all Kiva lenders for making this loan possible.
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