Doreen sells provisions in her shop, things like toothpaste, beverages, body cream, corn flakes, and bottled water. She has been in this business for a long time. Doreen is 36 years old and married with two children. Doreen and her family live in Sabo-Oniba, Lagos State, Nigeria. Doreen needs the loan amount of 80,000 N to purchase more provisions to sell. She expresses her gratitude to Kiva lenders for their generous contribution in eradicating poverty.
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