Blessing is 35 years old and married to a farmer. They have four children. She is happy selling groceries, foodstuffs and drinks and has been in this business for a long time. With the proceeds, she supports her family. She is requesting for a loan of NGN 60,000 to purchase more groceries, foodstuffs, and drinks to sell. Blessing hopes to see her grocery store grow into a big supermarket 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