T. is 49 years old. She is a widow with two children. She lives in Lagos State, Nigeria. T. has a place where she sells drinks, paper soup (an appetizer made from goat meat), goat meat and recharge cards. She is requesting a loan of N100,000 to purchase more drinks, foodstuffs and recharge cards. She says thanks to Kiva lenders for the 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