Mrs. Edna I. is a 53 year old divorced woman with (8) children, and she acquired the formal knowledge of this business from her mother. She resides at Benin City, Edo State, Nigeria. The amount she has requested is $175 to improve her business which she started in 2002. She has been with LAPO for 2 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