Adenike is 39 years old and married with three children. She sells drugs and produces liquid soap. She supplies the liquid soap to supermarkets to sell. She needs the loan amount of $700 to buy more drugs and materials for making liquid soap.
Adenike started her business in 2002. This loan will go a long way in helping her business grow. She says thank you to all that made this loan possible.
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