Silifat is 47 years old, widowed, and has three children. She lost her husband some years ago, and works very hard to care and provide for her fatherless children. To make a living, Silifat sells motorcycle parts in Lagos State, Nigeria. She has been in this business for some years and is doing fine.
In the future, Silifat hopes to expand her business. She is requesting a loan of 150,000 NGN to purchase more motorcycle parts to sell. She sends her 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