Dora is a 50-year-old married woman with seven children. She has been selling tubers of yams for a long time to earn income to satisfy the needs of her children and husband. She hopes for a loan of N60,000 to purchase more tubers of yams to sell. She hopes to meet the demands of her customers. She says thanks to all KIVA lenders.
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