Mrs. Mercy A. sells vests, cardigans, and school uniforms to schools and churches. She has been in this business since 1999. She is 43 years old, married with 6 children, and lives in Benin City. She has been a LAPO member. She is requesting the loan amount of $800 to enable her buy more material for making the vests, cardigans, and school uniforms 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