Mrs. Dorcas O. is 36 years old and married with three children. She lives in Benin City. She makes clothes for her customers. "I am very happy whenever I makes clothes for people," says Mrs. Dorcas O., who learned about the fashion business for 3 years and started on her own in 2001. She is an LAPO member and needs the loan of $250 to buy more clothes and tailoring material 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