Mrs. Mary E. is married with 10 children. She is 61 years old. She makes beads and hair decorations. She is the leader of her union. She needs the loan amount of $700 to buy bead materials, weavon (hair product) and clothes for sale. She learned the trade for 2 years and has been in it since 1987.
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