Rachel E. is 37 years old, married and has a child. She hails from Benin City, Edo State, Nigeria. She has been selling wood in her community since 2001. Mrs. E. is requesting for a loan of $1200 so she can buy more wood for her business. She thanks you in advance for your help.
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