Janet O. is 36 years old, married with 4 children. She hails from the rural area in Ajangbadi, Lagos State Nigeria. She sells foodstuffs and yam flour to her nearby communities. She has been in business for the past 7 years and she is trustworthy because she has 100% repayment with LAPO loans during this time. She needs the loan of US$ 800 to expand her business and buy more foodstuffs.
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