Mrs. Julie O. is 60 years, she is from Benin City, married and has eight (8) children,. She sells provisions and drinks in her store, she hope to get the loan of US$ 475 to improve her business by buying more drinks and provisions for resale. She has been working with LAPO since 2003 and has been in business for the past 12 years.
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