Mrs. Edith U. a 51 year old woman, from a semi-urban area of Benin City, Edo State, Nigeria. She sells charcoal to people in her area, and she is a married mother of two (2) children. She needs the loan $800 to buy more charcoal and expand her business. She has been with LAPO for 4 years and has been in this business for 8 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