Florence is 39 years old, married to a trader, and they are yet to have children. She is a hardworking woman and she is so determined to lift her business and family above poverty.
Florence owns a medicine stall where she sells medicines at retail prices to her customers. She hopes to expand her business. She hopes for a loan of NGN 100,000 to purchase more medicines to sell. 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