Patience A. is 36 years old, married and has 4 children. She sells food products such as dried fish, palm oil, drinks and other provisions.
She needs a loan of $450 to buy more dried fish to sell, as the demand for this product is very high. It is used in the preparation of Nigerian soups such as Egusi and banga.
Patience thanks all those who make 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