Comfort sells local gin at retail prices to her customers. She loves this business because of the one-on-one interaction that she has with her customers. She has been in this business for a long time. She is a widow with three children. She sells for long hours to enable her to meet the basic needs of her family. She hopes for a loan of 80,000 nairas to purchase more local gin to sell. She hopes to expand her business. 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