Paulina is a hardworking and honest woman. She sells bags of poultry feed at retail prices to make a living. She has been in this business for a long time. She hopes to grow her business to become bigger and stronger. She is 45 years old and happily married with four children. Her children are doing well at school and this gives her joy as a mother. Her husband also works to support their home. She is requesting a loan of 80,000 nairas to purchase more bags of poultry feed to sell. She says thanks to Kiva lenders for their 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