Oluwaloju sells snacks, drinks and bottled water. The demands for her goods are high. She has been in this business since 2004. Oluwaloju is 40 years old and married with four children. She needs the loan amount of 140,000 NGN ($1,000 US) to purchase more snacks, drinks and water to sell. 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