Efe makes a living selling used handbags in Warri, Delta state, Nigeria. She is married, has four children and is 38 years old. She is a highly-focused, hard-working woman who puts in long hours trying to keep her business sustainable. She is a LAPO client because of our commitment to improving lives in Nigeria and elsewhere in Africa. Efe has been in her line of work for a long time and is requesting for a loan to buy more used handbags to sell. She extends her sincerest 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