Mrs. Helen A. E. is 35 years old. She is married with 5 childre and lives in Benin City of Edo State. She sells recharge cards and local food (Santana). She has been a LAPO member for the past 5 years. She is soliciting for $250 to enable her to buy more recharge cards and cassava for the preparation of local food (Santana) for sale.
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