Mrs. Helen B., who is a tailor, also sells drinks and clothes. She is 38 years old and married with four children. She lives in Benin City, Edo State. She needs the loan of $875 to buy clothes to sell. She studied her trade for four years and started her own business in 1988.
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