Bola is 53 years old and is a widow with six children. She is a hardworking woman and she hopes to lift her business and family above poverty.
Bola sells drinks to make a living. This is the high season for business and she hopes to make more profits during this season. Her greatest joy is the one-on-one interaction that she has with her customers.
Bola hopes to expand her business in the future. She hopes for a loan of NGN 170,000 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