C. sells foodstuffs and frozen food. She has been in this business for the past 15 years. C. lives in Lagos State, Nigeria. She is 47 and is married with 4 children. She requests a loan of N80, 000 to purchase more foodstuffs and frozen foods, like chicken and turkey. She thanks you.
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