Ejeme B. has a restaurant where she sells cooked foods like rice, beans, moi-moi, fufu, etc. The demands for her cooked foods are high and she hopes to meet the demands of her customers. She is 50 years old and married with 2 children. She needs the loan amount of N100000 to purchase more foodstuffs to cook and sell to her customers. She says thanks 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