Mrs. Doris O. is 41 years old, a married mother with 2 children. She started her beer parlour business in the year 1995 long before she came in contact with LAPO. Since 2003, she has also been a faithful LAPO member. She hopes to receive a loan in the amount of US$ 475 for the improvement of her business by expanding her inventory.
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