Mary O. is 36 years old. A native of Okpanamu, a town in Delta State, she is the leader of a LAPO group. She has 2 years' experience in her business, i.e., in the sales and rental of video CDs. Mary is requesting a loan of $625 to purchase more CDs and expand her little micro-business.
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