Bola I. is 44 years old and married with 4 children. She lives in Ilaje, Lagos State, Nigeria. She sells frozen foods and foodstuffs. Bola is a LAPO client. She needs the loan amount of $1200 to buy more frozen food and foodstuffs for sale. 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