"I am proud to be a LAPO member for 7 years," explained by Mrs. Josephine Friday A.. She is 35 years old, married, and the mother of 5 children. She lives in Benin City, Edo State. She sells yams in the market and hopes to improve her turnover & profit with the loan amount of $400. She has been in this business since 1994.
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