"If not for LAPO what would I have done’’ says Mrs. Kehinde A. who is very proud of her financial backing from LAPO. She lives in Mushin in Lagos state, Nigeria. She sells provisions, foodstuffs and clothes. She has been in business since 2002. She needs the loan to buy more provision, foodstuffs and clothes to sell.
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