Sandra sells bags of cement retail. Demand for her bags of cement is high and she hopes to be able to meet it. She loves this business because of the one-on-one interaction that she has with her customers. She is 35 years old, married with four children who attend a public school in Ughelli, Delta State. She hopes for a loan of N80,000 to buy more bags of cement 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