Roseline O. is a widow and she is struggling to raise her five children alone. She sells tomatoes and peppers and she also has a grinding machine for grinding tomatoes and other food items. She also sells frozen foods.
Roseline is 44 years old and has five children. She needs the loan amount of $450 to purchase more tomatoes and peppers for sale.
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