Mary sells foodstuffs and drinks to make a living. She is 40 years old and she is happily married. She hopes for the loan amount of N140,000 to purchase more drinks and foodstuffs to sell. She says thanks to Kiva lenders for their financial support in this crucial time.
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