Evelyn is 39 years old and she is married with four children. She is carrying her youngest child on her back in the picture. Her husband is a commercial driver, and he also supports the home. She is a LAPO client. The "Lift Above Poverty Organization" is committed to improving lives in Nigeria and elsewhere in Africa. Evelyn sells foodstuffs like tubers of yam and garri (cassava flakes) at retail prices to her customers. She is requesting a loan amount of 50,000 NGN to purchase more foodstuffs to sell. She hopes to improve her family’s standard of living. She duly thanks all Kiva lenders in anticipation of the loan.
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