Mrs. Bridget A. is 35 years old; she lives in Benin City, Edo state, Nigeria. She is married with 3 children. She learned to sell clothes from her sister and started selling clothes in 1994. She is requesting for a loan of $1200 to enable her to buy more clothes for sale. She has been a LAPO client for 8 years.
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