Evelyn O. owns a grocery stall where she sells groceries and drinks at retail prices to her customers. She has been in this business for a long time. She is a friendly woman and she uses her friendly skills to attract her customers to her stall. She is always happy when her customers come to patronize her business. Her customers are mostly residents, friends and neighbours.
Evelyn is married and has four children. She is 34 years old and her husband is a commercial driver. She uses her profit from her business to support her home. She needs a loan of NGN 50,000 to purchase more groceries and 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