She has been borrowing from LAPO to support her business for the past three years. Life is a little better than when she was not borrowing from LAPO.
Gbemisola has been in this business for the past 10 years and she lives in Agege, here in Lagos. Gbemisola is 49 years old and she is soliciting for a loan of N100,000 to purchase more provision and cosmetics to sell. She says thanks.
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