Patience is a merchant who she sells groceries and drinks at retail prices in the city of Benin, Edo state, Nigeria. She has been in this business for a very long time. She hopes to own a supermarket in the future. Patience is 39 years old and married, with 6 children. Her husband also works to support their family. Patience is a friendly and happy woman. She says her only challenge is lack of funds and she hopes to overcome this difficulty. She needs a loan in the amount of NGN 100,000 to purchase more groceries and drinks to sell. She says thank you 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