Macauley I. is married with four children. He is 35-years old and lives in Ubiaja, Edo State, Nigeria. He sells and repairs electrical appliances in his community, and has been in this business for 12 years. He is also a LAPO client and is requesting a loan of $450 to buy more stock to sell. He 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