Carol is an aged woman. She is 58 years old and married with seven children. Carol is not only a wife and mother, she is also a grandmother, and this makes her happy and proud of her grandchildren. She sells colorful sarongs to make a living in Benin City. She loves her work because of the interaction she has with her customers. She has been in this business for a long time. She uses her experience to attract and retain more customers to her business, which she hopes to continue to expand. She says thanks 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