Mary Effiong

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Location:	Benin City, Nigeria		Repayment Term:	10 months (more info)
Activity:	Food Market		Repayment Schedule:	Monthly
Loan Use:	To purchase more food to sell		Currency Exchange Loss:	Covered
			Default Protection:	Covered

Mary is 52 years old and is married with 5 children. She sells food. She started this business in 2005. She is a LAPO client. She needs a loan of N50,000 to purchase more food to sell. She says "thank you" to all who made this loan possible.



Important Information About This Loan

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