Maria has been a widow for some years now and she has five children. They are three boys and two girls; she cares for them alone. She sells groceries and foodstuffs in her shop and she has been in the business for the past six years. She is very happy with the growth of her business and she hopes for the loan of 100,000 nairas to purchase more groceries and foodstuffs to sell. She says thanks to all lenders for their wonderful support.
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