Fidelia B. is 37 years old, and married with 3 children. Her children are still dependent on her and they go to school. Fidelia is a focused, hard working woman. She puts in long hours trying to keep her business sustainable. She is a LAPO client. The Lift Above Poverty Organization is committed to improving lives in Nigeria and elsewhere in Africa. Fidelia is not a hair stylist but she sells hair extensions in the market in Warri, Delta State, Nigeria. She hopes for a loan amount to purchase more hair extensions to sell. She says thanks 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