Catherine is 45 years old and the mother of four children. Her husband is a pastor and he also supports the home.
Catherine sells spiritual items like candles and olive oil and she also sells groceries. With these businesses, she hopes to meet the basic needs of her family members. She opens her shop daily from 8 a.m. to 6 p.m. Her biggest priority is feeding the children and making sure their school fees are paid.
Catherine is asking for a loan of NGN 100,000 to purchase more spiritual items to sell. She says thanks to all Kiva lenders and to LAPO micro-finance.
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