Beauty P. is 36 years old and married with seven children. She sells plastic household utensils including coolers, bowls, spoons, etc. She has been in this business since 2004. She is from the eastern part of Nigeria and resides in Benin City, Edo State, Nigeria. She needs a loan of $700 to buy more inventory.
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