50-year-old Suwebat sells pap (a traditional porridge made from ground maize) from her home. She buys maize in bulk and processes it into pap which she supplies to big buyers who sell it together with bean cake. Most people prefer taking pap as breakfast due to its light nature.
Suwebat travels far from the city to purchases maize from the farmers, especially when it is out of season, to make sure her customers are supplied. She has been in this business for the past eleven years and has improved on her living standard. She is married and has four children.
Suwebat is requesting a loan of NGN 50,000 to purchase more maize in bulk for making pap. She expresses her huge 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