Mrs. Margret O., a 53-year-old woman, is married with six children. She lives in Benin City, Edo state, Nigeria. She sells provisions, drinks and food. She is soliciting the loan amount of $400 to enable her to buy more drinks, food, and provisions. She has been in this business since 1996 and has been with LAPO for the past 3 years.
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