Joy I. is 35 years old and married with two children. She hails from the Oka area in Benin City, Edo State, Nigeria. She has a cold room for selling various types of fish. She has been in this business for the past four years. She needs a loan of $875 to buy more fish inventory. She thanks Kiva and her lenders.
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