Maria Ajagbona is 50 years old and married with 11 children. She sells provisions like toothpaste, milk, detergent, etc. She plans to expand her business by stocking her shop with more provisions. She needs a loan in the amount of N80,000 to purchase more provisions to sell. She is indeed grateful 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