Olubisi is 37 years old and married with 3 children. She is a LAPO client and lives in Ajamgbadi, Lagos State, Nigeria. She needs a loan amount of $425 to buy one deep freezer so that she can cool her drinks for her customers. Olubisi says that this will increase her customers. She says thank you.
Important InformationThe 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
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