Taiye O. is 32 years old and married with three children. She lives in Issashi in Lagos State, Nigeria. She has been selling baby wears and creams in her own shop since 1998. Her customers are mostly pregnant and breastfeeding women.
Taiye is a LAPO Microfinance client. She needs a loan for $1200 to buy more baby wears and baby cream to sell. She expresses her appreciation to LAPO and Kiva lenders for their financial 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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