Victoria is 25 years old and she is a single parent with a child. She lives in Benin City, Edo state, Nigeria. Victoria sells sewing thread, sponges, bulbs, etc. She started this business in 2005. She is a LAPO client. Victoria needs the loan amount of N102, 000 to purchase more thread, sponges, bulbs and sewing needles to sell. She says thank you to all who 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