Osahenrunmwen is 33-years-old and is married with two children. She lives in Benin City, Edo state, Nigeria where she has a hair salon and creates lovely hair styles for her customers. Osahenrunmwen also sells hair-related products such as hair extensions, hair cream, etc. She has been in this business for a long time. She is requesting a loan amount of $275 (N40, 000) to purchase more salon products to sell. She says thanks to all Kiva lenders for their financial support.
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