Veronica has been selling women’s clothes and shoes for a long time and hopes to own a boutique in the future.
Veronica 57 years old and the mother of five children. All her children, with the exception of the youngest child, are graduates. She is very happy to be referred to as “Mama Graduates” in her neighborhood.
Veronica is requesting a loan of NGN 80,000 to purchase more women’s clothes and shoes to sell. She says thank you to all Kiva lenders.
Veronica is a LAPO (Lift Above Poverty Organization) client. LAPO is committed to improving lives in Nigeria and elsewhere in Africa.
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