Agnes is 61 years old and is married with 5 children. She and her husband are both retired civil servants. Agnes has a fish farm where she raises fish. She supplies the fish to hotels and restaurants. She studied this business for six months and started her own fish farm. She needs a loan of $850 to buy more fingerling and fish feed. She stated that this would enable her to meet the demand of her customers. 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