Amope sells foodstuffs, torchlights, batteries, and provisions. She goes to the Republic of Benin to buy rice in bags, tin tomatoes in cartons, and vegetable oil. She supplies her customers during the daytime from 7 am to 3 pm. She has been borrowing from LAPO for the past three years.
Amope has four children and she is 38 years old. She lives in Orile-Agege and has been in her business for the past twelve years. Amope is requesting a loan in the amount of N100,000 to purchase more foodstuffs and provisions to sell. She says thank you.
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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Success!! The loan was 100% repaid