Mrs. Mercy E. is a young, dynamic woman of 39 years of age; she is married with three (3) children. Mercy lives in the semi-urban area in Benin City, Edo state of Nigeria. She started her business in the year 2002. She hopes to get the loan to enable her to improve her business.
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