Bola wants to add more to her business activities that will help generate more income. She hopes for a loan of N100,000 to purchase a grinding machine for grinding tomatoes, corn, pepper etc. This she can work with when she is less busy in her snacks business.
She is a committed LAPO client. She thanks all lenders for their financial support.
Important InformationThe 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
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Success!! The loan was 100% repaid