Dorcas I. is 50 years old and she is a widow with 7 children. She lives in Benin City with her family. She sells drinks and foodstuffs for a living. Dorcas has been in this business since 1996. She learned this business for 6 months, finding out how to sell drinks and foodstuffs. Dorcas needs the loan amount of US$ 875 to buy more foodstuffs and drinks for sale. She is a LAPO client. She says thank 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