Tina A., 27, lives in Lagos State, Nigeria. She is married with a child. She sells frozen foods and foodstuffs for a living. She has been in the business for 4 years. Tina is applying for a loan of N 150,000 to purchase more frozen foods and foodstuffs to sell. She thanks all Kiva lenders for the financial support.
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