Franca U. sells baby items, like baby cream, flasks, dresses, etc. She is 32 years old, and she is married with 6 children. She lives in Uromi Town, Edo State, Nigeria. She has been in this business since 1998. She is a LAPO client. She needs the loan amount of $700 to buy more baby things for sale.
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