Amen A. is 32 years old and lives in Benin City, Edo State of Nigeria. She is married with 5 children and has been a LAPO client for 8 years. She sells oil, bananas, and oranges. She is seeking a loan of US$ 625 to buy more oil, foodstuffs and fruit for sale. She has been in this business since 1994.
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