Maria sells bags of flour by wholesale and retail. She has been in this business for the past five years. Maria is 27 years old and married to A. who is a mechanic. They have two lovely children. Maria also sells snacks.
Maria needs the loan amount of 140,000 Naira to buy more bags of flour to sell. She says thank you to all who made this loan possible.
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