Roseline O. is 45 years old, married, and has two children. Her husband is a businessman and he also supports the home.
Roseline sells jewelry, traditional beads, clothes, shoes and hats. She loves her business because of the one-on-one interaction that she has with her customers. Roseline has been in this business for a long time and hopes that her business will grow bigger and stronger. She is requesting a loan of 100,000 NGN to purchase more jewelry, traditional beads, clothes and shoes to sell. She says thank you 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