Julie is 38 years old and married with four children. She sells cooked foods and drinks in a location that is very favorable for most of her customers. She has been in this business for about four years. With this business, she has been able to assist her husband with the family needs. She lives in Delta State. She loves cooking and enjoys her business because of the one-on-one interaction she is able to have with her customers. She wishes to make the business become bigger. For her children she simply wants good education for them. She needs a loan of N10,000 to purchase more foodstuffs and drinks for her business. She says thanks you for the loan.
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