Mrs. Florence Y. is a 40 year old woman who is married and has 6 children. She lives in a semi-urban area in the Edo State in Nigeria, and she runs a small food market in her community. Florence hopes to use her loan to buy more goods and increase her business growth.
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