Ajibola R. hails from Okoko Lagos State Nigeria; she sells frozen food, drinks and popcorn. She is 32 years old, with one child and has enough time and energy to handle this business properly. She requests the sum of $700 to enable her to buy more frozen food and drinks for sale. She has been operating this business since 1997.
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