Mrs. Christiana E. is a dealer in pure water and table water. She started her business in 1996 and seeks a loan to enable her to buy more pure water and table water for sale. With the funds, she will also buy a deep-freeze for cooling the water. She is 47 years old, married with 7 children, and lives in Benin City with her family. She has been in LAPO for 6 years.
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