Dike N. is a single lady, 26 years of age, and hails from the Ojo Igbede area in Lagos state, Nigeria. She is a fashion designer and also sells cloth and bakes cakes for sale. She has been with LAPO for the past 2 years and needs a loan of $875 to enable her to buy more cloth for sales.
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