Beauty A. is 30 years old and married to Mr. A.. They have 3 children. Beauty has a bar where she sells pepper soup and all kinds of drinks, to custumers that patronize her. Beauty hopes to expand her business. She needs the loan in the amount of N102,000 to purchase more pepper soup ingredients and drinks to sell. Her bar is usually open from 4pm-10pm daily. She says thank you to all that made 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