Queen is 40 years old and married with 4 young children, who all attend school. Her husband is a commercial driver and he also supports the family. Queen is a friendly and hard working woman. She sells foodstuffs such as tomato paste, cooking oil, rice, beans, plantains and drinks. She loves this business because of the opportunity to interact with her customers. She hopes for a loan in the amount of NGN 160,000 to purchase more foodstuffs to sell. She 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