Mrs. Eunice Osagie sells drinks and provisions in her little shop. She is 35 years old, married with two children, and lives in Benin City, Edo State, Nigeria. She needs US$ 400 for the expansion of her business. She has been in this business since 2005.
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