Mrs. Edith O. is 41 years old. She is married with one child and lives in Benin City, Edo State, Nigeria. She sells fairly used clothing and break cakes and snacks for people living in her community. She learned catering for 3 years before she started her business in 1992. She has been a leader of her union. She is requesting a loan of $625, which will be use to purchase gently used clothing and catering material.
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