Anthian O. operates a salon and is also a drink seller. She is 35 years old with 6 children. In spite of her large family, Anthian is determined to move her business and family above poverty. Anthian has been borrowing from LAPO Microfinance for 3 years. She needs a loan of $350 to buy more weavon, relaxers, and drinks for sales. She say thanks to all that made this loan possible.
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