Akota S. has a soap making business. He has been an LAPO member for 3 years. He is 54 years old and married with 4 children. Akota is from Uromi in Edo State, Nigeria.
Akota needs a loan of $700 to enable him to buy more chemicals and ingredients for his soap making.
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