Abike O. lives in Ijanikin, Lagos State, Nigeria. She is 65 years old and married with four children. Abike has been selling kerosene since 1988. Abike is a LAPO (Lift Above Poverty Organization) client, and she is requesting a loan of $850 USD to buy more kerosene to sell. She extends her thanks to all Kiva lenders.
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