Bola has operated her restaurant business since 2004. Acquiring the skill took five years. Bola needs a loan of N 120,000 to enable her buy more drinks and sachet water to sell.
Bola is very grateful for the financial support rendered to her by LAPO Microfinance and Kiva. She thanks you.
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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