Mrs. Roseline O. sells drinks in the semi-urban area of Benin City, Edo State, Nigeria. She learned the trade for six months after which she started her business in 1996. According to her, if the loan amount of $325 is given to her, she will be able to expand her business (i.e. buy more drinks). She is 40 years old and married with five children.
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