Dona is a woman full of strength. She is married with 7 children and lives in Benin City, Nigeria. She goes to the villages around Benin City to buy food items and palm oil. She then sells these items in one of Benin City's most popular markets. She started this business in 1994 and has been borrowing from LAPO for 5 years now to help grow her business.
Dona is asking for a loan of $675 to enable her to buy more food items and palm oil to sell. She will be very grateful to Kiva lenders if they can assist her. She says that it will not only benefit her business by helping achieve her goal of expansion, but also her family, who she helps support with the profits.
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