Victoria E. is 54 years old, happily married with 6 children and lives in Benin City, Edo State, Nigeria. She sells used bed spreads, wrappers, curtains and shoes. She is a union leader and has being with LAPO for 4 years. She needs this money to expand her 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