Elizabeth sells crates of drinks and pepper soup. Elizabeth is a very energetic and vibrant business woman. She is 58 years old and married with four children. She is requesting a loan of 160,000 nairas to purchase more crates of drinks and soup ingredients. She says thank 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