Caro I. is a 39 year old woman, who is married and lives in Benin City with her husband and 5 children. She sells women's clothing, shoes and bags. She needs a loan of $1200 to buy more women's clothing, shoes & bags for sale, which, she said, will enable her to retain her customers. She has been borrowing from LAPO for the past 3 years and has been a dedicated client. She thanks you.
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