Nike's business is booming. She is 50 years old and married with two children. She sells drinks, which she buys from distributors. She also rents plates, cups, etc for occasions. She has been in business for 10 years. One of her greatest joys is the one-on-one interaction she is able to have with her customers. Nike wants to see her business grow bigger than this but one of the challenges she faces in her drinks business is capital. She hopes for a loan of NGN 180,000 to purchase more drinks to sells. She thanks you for your 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