Kate I. is 37 years old, married, and has 4 children. She hails from Edo State, Nigeria. Mrs. I. is a hair stylist who has been in business since 2005. She is requesting a loan of $450 to buy weavons for her business. She will also buy a generator so she can work any time, as the electric supply where she lives is not regular. She thanks you in advance for the 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