Adijat runs a shop from her home where she sells drinks. This arrangement means she does not have to pay for shop rent. She opens her shop daily from 6am to 11pm.
She is a client of LAPO. She needs a loan of N50,000 to purchase more drinks to sell. She says thank you to all who will make this loan possible.
Important InformationThe 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
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