Mrs. Dupe O. is 37 years old and lives in Benin City in Edo State, Nigeria. She is married with 2 children and has been a LAPO client for 3 years. She learned sewing for 3 years before she opened her own business in 1997. She sales clothes and tailoring material. Dupe hopes to receive a loan $400 so that she can buy more clothes, an over locking machine, tailoring material and an additional machine.
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