Margaret sells provisions and drinks and she has been in this business for a long time. Margaret buys provisions in dozens and drinks in crates from distributors. She needs the loan amount of 99,000 Naira to buy more drinks to sell. Margaret is 42 years old and married with five children. She says "God bless all Kiva lenders".
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