Mrs. Jane I. is 45 years old, married, and has 3 children. She lives in Benin City and operates a store where she sells clothing and products for babies. She is requesting a loan to enable her to buy more stock for sale. She trained in her business for a year and six months, and started up in 2002. She is a dedicated member 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