Marian O. is 25 years old, and she is single. She makes lovely African designs for her customers. She also sells tailoring materials. She is happy because the demands for her tailoring materials and skills will increase this festive season.
She hopes to meet the demands of her customers. She needs a loan in the amount of N52,000 to purchase more tailoring materials to sell. She says thanks to 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