Fidelia N. is 45 years old and married with 4 children. Fidelia sells fairly used clothes in the market. She lives in Alaba, Lagos State, Nigeria. She has been in this business for the past 3 years. She needs a loan of $1,200 to buy more fairly used clothes in bulk in order to meet the demands of her customers. She thanks you.
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