Florence sells drinks, snacks and more. She has been in the business for over eight years and she is very happy with the growth her business is experiencing since she joined LAPO micro-finance.
Florence wants her business to grow and expand continuously as it will also positively affect her profit making. She hopes for the loan of N100,000 to purchase more drinks, juice and snacks to sell.
Florence is 40 years old, married with two children, and lives together with her family in Lagos State, Nigeria. She says thank you to all Kiva lenders for their support.
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