Helen lives in Benin City, Edo State, Nigeria. She has a business selling wood. She goes to the sawmill to purchase logs of wood and to pay so she can saw the wood into different sizes. She then supplies the wood directly to builders for building houses. She is happy because she makes a lot of profit from this business.
Helen is now requesting a loan of N100,000 so she can purchase more wood to sell. She says thank you to all Kiva lenders for their financial support.
Important InformationThe 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
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