Fumi has a computer centre where she renders computer services to her customers. She hopes to own a computer school in the future where she will teach young girls and boys how to use the computer.
Fumi also sells stationery at retail prices. She has been in these businesses for a long time and she uses her experience in business to attract and retain more customers. She is requesting a loan of N80,000 to purchase more stationery to sell. She loves this business because of the profits she makes.
Fumi is 38 years old and is married with two children. 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