Dupe is well known in her community for her grinding machine that she uses to grind foodstuffs for her customers. The demand for her grinding service is high and she hopes to meet the demands of her customers. She is married with three children and she is 40 years old. She has been in her business for the past three years.
Dupe hopes for a loan of 50,000 nairas to purchase a grinding machine to enable her to meet the demands of her customers. 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