"LAPO has brought light to my family," says Mrs. Taiwo O.. She specializes in the sale of bags of pure water. She is from Edo State and is 37 years old, married, and the mother of four (4) children. She needs an additional loan of $800 to buy more bags of water. She has 6 years of business experience.
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