Faith O. sells provisions and drinks. Her husband is an ambulance driver for a government hospital. She is 37 years old and has two children.
She plans to increase her stock during and after the festive season. She is requesting a loan amount of N80,000 to purchase more drinks to sell. She says thank you to all Kiva lenders for their financial 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