Jumoke is a teacher and a dry cleaner. She combines these two jobs to enable her to support her family. She is married with 2 children, both of whom are excelling in school. Her youngest child is 6 years old. She hopes to expand her laundry business in the future. She is requesting a loan in the amount of NGN 80,000 to purchase more laundry soap. She says thank you 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