Mary sells frozen fish at retail prices to her customers. She sells her frozen fish in the market in Benin City, Edo State. Mary is really itching for significant expansion in her business; she needs a loan of NGN 80,000 to purchase more iced fish to sell.
Mary is 43 years old and is a hardworking woman. She is married with six children. Her children are doing well at school and this gives her joy. 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