Fawusat sells drinks and wine. She is 50 years old and is a widow with 5 children. Fawusat is very enthusiastic about the well-being of her family and the prosperity of her business. She needs the loan amount of N140,000 to purchase more wine and drinks to sell. She thanks you.
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