Amen Agbon has been a faithful and dedicated LAPO client for the past 3 years. She sells bags of rice, groundnut oil and palm oil. She learned this trade from her mother and has been in business since 2004. She is 39 years old, married, has 3 children and lives in Benin City, Edo State, Nigeria. She is requesting a loan of $475 to buy more bags of rice, groundnut oil and palm oil to sell.
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