Ovoke is 36 years old, married, and has five children. Her children attend school, which gives her joy. Ovoke sells baby things, jewelry and drinks to make a living and has been in this business for a long time. With these combined businesses, she hopes to meet the basic needs of her family. Her husband also works to support their home. Ovoke is requesting a loan of 100,000 NGN to purchase more baby things, jewelry and drinks to sell. She sends her 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