Helen is 50 years old and is married with six children, the youngest being 9 years old. Her husband is a businessman.
Helen loves cooking and so she commercialized her cooking skill by having a restaurant in the market in Agbor, Delta State. Her stall is strategically positioned in the market and this makes a lot of people patronize her stall. She cooks mouth-watering Nigerian cooked foods like fufu (cassava dough), rice, beans, boiled yam, stew and drinks. She has been in this business for a long time.
Helen is requesting a loan of NGN 150,000 to purchase more foodstuffs to cook and 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