Christy A. is 32 years old, single and lives with her mother in Benin City. Christy sells fruit e.g. apple, pineapple, orange and gala in the open air market. Christy intends to increase her stock and buy more fruit, for this purpose she is applying for a $250 loan. She has been in business since 1997 and has been a LAPO member for 3 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