Mrs. Kemi O. is 41 years old, married and has 4 children; she lives in Afromedia in Lagos state, Nigeria. She sells foodstuffs to people in her communities. She has been in this business since 2002 and needs a loan to buy more foodstuffs 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