Ngozi is 55 years old and married with 8 children. She lives in Agbor, Delta state, Nigeria. She sells fish and foodstuffs. She hopes to expand her business and increase her profits. Ngozi requests the loan amount of N100, 000 to purchase more fish stock and foodstuffs to sell. She is indeed grateful 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