Regina is a farmer. She plants vegetables on her farmland. She sells her vegetables to farmers at wholesale and retail prices. She has been in this business for a long time. She is requesting a loan of NGN 60,000 to clear her farm and plant more vegetables to sell. Regina is 42 years old and married, and has 4 children. She is a LAPO client. She says thanks to all Kiva lenders.
Lift Above Poverty Organization (LAPO) is committed to improving lives in Nigeria and elsewhere in Africa.
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