Evelyn sells clothes, hats, shoes and bags at retail prices to make a living in Lagos state, Nigeria. She has been in this business for a long time. She is a LAPO client. LAPO (Lift Above Poverty Organization) is committed to improving lives in Nigeria. Evelyn is 44 years old and has a child. She is a friendly woman and she is determined to excel in her business. She hopes for the loan amount of 140,000 NGN to purchase more clothes, shoes, hats and bags to sell. She is indeed grateful 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