Ejime O. is 45 years old and is married with 2 children. Ejime is the leader of a lending group under LAPO MICROFINANCE. Ejime sells bunches of plantains. She has been in this business for the past nine years. She buys the bunches of plantains from surrounding villages and sells at the Ajegunle main market. Ejime needs the loan amount of $1200 to buy more bunches of plantains for sale. She says this will enable her to meet the demands of her customers. She says thank you to all that made this loan possible.
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