Kate O. is married with five children and she is 39 years old. She sells groceries such as milk, noodles, bread, biscuits (cookies) and juice and started this business three years ago. She is a friendly and hardworking woman who sells for long hours to enable her to meet the basic needs and necessities of her family members.
Kate hopes to see her business grow. She needs a loan of NGN 100,000 to purchase more groceries 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