Sandra A. lives in Benin City, Edo State, Nigeria. She is 34 years old. She is married with 2 children. Sandra sells clothes in the market. Sandra travels to Ontisha Market in the east to buy clothes, which she later sells in Benin City. She has been borrowing from LAPO micro finance for 4 years. She is requesting the loan of $350 to buy more clothes for sale to her ever increasing customers.
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