Elizabeth is a LAPO client. The Kiva field partner, the Lift Above Poverty Organization, is committed to improving lives in Nigeria and elsewhere in Africa.
She sells frozen fish at retail prices to her customers. She has been in this business for a long time and she hopes to expand her business.
Elizabeth is requesting a loan of 70,000 NGN to purchase more frozen fish to sell. She says thanks to all Kiva lenders.
Important InformationThe 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
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