Chinyere O. sells note books and stationary supplies. She sells her goods from street to street within her community. She now hopes to expand her business.
She therefore needs a loan of N50,000 so she can purchase more note books and stationary materials to sell.
Chinyere is 38 years old and married with 3 children. She says thank you 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