Victoria is a LAPO client. The Lift above poverty organization is committed to improving lives in Nigeria and elsewhere in Africa. She is 52 years old and married with 3 children. Her husband moulds construction blocks to support the family. She sells cooked foods and drinks by hawking her cooked foods within her community in Benin City, Edo state.
Victoria loves this business because of the one-on-one interaction that she has with her customers. She hopes to receive a loan amount of NGN 50,000 to purchase more drinks and foodstuffs to cook and sell. She says thank you 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