Iyabo F. is a 40 year old mother of 4 children and lives in Mushin in Lagos state, Nigeria. She is focussed and is planning to expand her business if the requested loan is granted. She has been a LAPO member for the past 2 years. She sells drinks & provisions. She solicits for the loan amount of $450 to buy more drinks & provisions 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