Mary is a young hardworking woman. She is 35 years old, married, and has three children. Her husband is a commercial driver in Asaba, Delta State. Her children are excelling in their school.
Mary sells groceries, foodstuffs and drinks at retail prices to her customers. She is doing well in her business but her greatest challenge is funds and she hopes to overcome that challenge. She hopes for a loan of NGN 100,000 to purchase more groceries, foodstuffs and drinks to sell.
Mary hopes to expand her business in the future. 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