Doris is 52 years old, a widow with 5 children. She lives with her children in Benin City, Edo State. Life as a widow has been challenging for her. She sells used clothes at retail prices to her customers. She has been in this business for a long time. Doris hopes to own a boutique in the future. She also hopes to grow her business. She is requesting the loan amount of NGN 100,000 to purchase more used clothes to sell. She is itching for expansion in her business and improvement in her family's living conditions. She duly 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