Mrs. Felicia U. is a married mother of four children. She is 29 years old. She hails from Benin City, Edo State in Nigeria. Everyone in the community needs kerosene. Felicia hopes to receive a loan of $400 so that she can buy more kerosene to sell. This will improve her turnover and profit.
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