Stella is happy with her business. She sells pepper soup, drinks and sachet water. Her peak time for business is in the evenings when her customers finish their jobs and they relax and chat in her restaurant.
She loves this business because of the one-on-one interaction that she has with her customers. She needs the loan amount of NGN 100,000 to purchase more drinks and a fridge. She has been in this business for the past 7 years.
She is married with children. 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