Mrs. Kate E. is from Edo state. She is 40 years old and married with 3 children. She owns a store where she sells kitchen utensils. She has been in this business since 2004 and has been a LAPO member for the past 4 years. She is requesting a loan of $625 to buy more kitchen utensils to sell. She thanks you.
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