Christiana is a widow with eight children. She is 58 years old. She takes care of her children alone. She sells ogogoro (local gin) at retail prices to her customers to make a living. She sells long hours to ensure that there is food on her table to feed herself and her children. She has been in this business for a long time. She lives in Benin City, Edo State, Nigeria.
She hopes to sell her local gin at wholesale prices to her customers in the future. She hopes for the loan amount of 80,000 Nigerian naira to purchase more local gin to sell. She is indeed grateful 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