Elizabeth I. is a 30-year-old businesswoman who is glad that she decided to start her own metal shop a year ago. She enjoys running a successful business, and takes pride in meeting the needs of her customers. She believes that this is a good time to expand, and has come to us for a loan to buy more gates and protectors to sell to her customers.
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