To earn a living, she operates a grocery store, where she sells groceries and drinks. She has been running this business for over three years, but she says she now needs additional capital to improve the business. She notes that she is very hardworking and that, as a result of her hard work, she is able to put food on her family's table each and every day. She is requesting a loan in the amount of 50,000 NGN ($350) to purchase more groceries and drinks to sell. She thanks all Kiva lenders for their support.
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