Rejoice is 32 years old and married with four children. She lives in Delta State, Nigeria. She sells bricks to help provide for the basic needs of her family. She requests a loan of NGN 80000 to purchase more cement and sand to mold more bricks to sell. Her business is booming and the loan will help her to expand it even more, increasing her earnings for the long run so she can better provide for the education of her children.
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