Esther is 42 years old and married with six children. She is a hard working woman and she hopes to excel in her business. She sells iced fish at retail prices to her customers. She hawks her iced fish within her community in Ibadan, Oyo State. She has been in this business for a long time. She hopes for a loan of 50,000 NGN to purchase more iced fish to sell. She says thanks 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