Mercy I. is married with 4 children. She is 54 years old. She has been borrowing from LAPO micro finance for the past 7 years. She sells rice and river fish. She has been in the business for 8 years. She is soliciting the loan of $450 to buy more bags of rice and river fish. This loan, she said, will help her meet the high demand of her numerous customers and also increase her profitability. 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