Mrs. Dora A. is 48 years old, a widow with five children, and she lives in Benin City, Edo State, Nigeria. She sells jewelry and accessories in an open market. This is a business she learned for 6 months before she opened hers. She is soliciting a loan of $275 to enable her to buy more jewelry 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