Bola sells medicines and groceries to make a living. With this business, she hopes to make more profit. She loves this business because of the opportunity to interact with her customers. She hopes to grow her business to become bigger and stronger. She is requesting a loan of 100,000 nairas to purchase more medicines to sell.
Bola is 45 years old and married with five children. Her children are doing well in business and at school and this gives her joy as a mother. Her husband sells electronics to support their home. 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