Mrs. Rose I. is into wholesale sales of flour and oil. She is 32 years old, married with 4 children. Rose has had her business for 6 years and started her own in 2003. She is also the secretary of her union. Rose needs the loan of $800 to buy more flour and oil for sale. She thanks you.
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