Mrs. Charity O. sells women's clothes to the people living in her community. She started her business in 2005.
She is 37 years old, married with 4 children, and lives in Benin City.
Mrs. O. requests a loan of $525 to buy more clothes to sell. She is a client of LAPO.
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