Isoken is a widow with six children and she is 57 years old. She is a friendly woman. She sells kerosene to make a living. She has been in this business for a long time. She uses her many years of experience in the kerosene business to attract and retain her customers. She also loves this business because it is highly profitable.
Isoken hopes for a loan of 100,000 nairas to purchase more kerosene to sell. She hopes to be a major distributor of kerosene in her city. 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