Hope sells drugs, drinks and groceries in her shop located in front of her house. She also works as a nurse in one of the clinics in Lagos state, Nigeria. She used her last Kiva loan to stock her shop with more drugs and groceries. This attracted more customers to her shop, made more sales and increased her profit.
She is married with four children. She is 42 years old. Her husband is a businessman. He clears and forwards goods at the port. He works hard to sustain his immediate family needs. She hopes for a loan of NGN 170,000 to purchase more drugs, groceries and drinks to sell. She says thanks to all Kiva lenders for choosing her as a borrower.
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