Grace E. is a young woman of 38 years. She hails from Uromi of Edo State, Nigeria has three (3) children, and has been a LAPO client for over 7 years; she had proved her worth of experience in her line of business. She needs the money ($650) to keep her business booming.
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