Suzan is 36 years old. She is a Bini by tribe but she lives in Benin City, Edo State. She is married to an accountant and they have three children. Her children are still dependent on her and they are in school. Suzan owns a grocery store where she sells groceries and drinks such as biscuits, wine, noodles, candies, body and hair creams, soft drinks and beer. She is requesting a loan of NGN 120,000 to purchase more groceries and drinks to sell. She hopes to own a supermarket in the future. 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