Adeshola is 30 years old, married with four children and runs a shop where she sells cooked food as well as raw foodstuffs. She opened her own shop after joining LAPO two years ago, prior to which hawked cooked food from place to place but could sell only what she could carry. Adeshola hopes for the loan amount of N140,000 to purchase more foodstuffs to sell. She says thank you to all Kiva lenders.
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