Kenhinde K. is a business woman who lives in Lagos State with her family. Kenhinde is 30 years old, married with two children. Both are in school.
Kenhinde makes her living by selling drinks to retail customers. She has been in this business for three years. As a hardworking woman, she also sells pepper, soup, fruit, and juices in order to make additional profit. With the profit she makes from her business she has been able to support her family.
Kenhinde is requesting a loan of 140,000 Nigerian Naira (NGN) to purchase more drinks, pepper, soup, and spices. 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