"I have no cause to regret anything. Though I am 40 years old, married mother of four (4) children, my numerous customers gives me satisfaction," says Roseline. She lives in Benin City, Edo State, Nigeria. She sells clothes, shoes, bags and costume jewelries in her business venture and has been in this business since 1995. She needs a loan of US$ 400 to buy more goods for the inventory of her micro-business.
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