Esther E. is 52 years old, married with 7 children, and lives in Benin City. She has a store where she sells soup supplies. She started her business in 2002. According to her, if the loan of $475 is given to her, it will go a long way to improving her business. She has been with LAPO for 6 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