Felicia O. is 40 years old and married with 5 children. She lives in Benin City where she runs a business selling provisions and drinks. She has been in this business since 1996 and she learned the business for 2 years. Felicia needs the loan amount of US$ 875 to buy more provisions and drinks for sale. 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