Helen A. is 42 years old and married with 2 children. She sells women's clothes, shoes & bags to workers in offices and banks. She started her own sales store in 1993. She is a LAPO client and is requesting a loan of $1,200 to enable her buy more clothes, bags and shoes for sale.
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