Christy O., who is 40 years old and married with 2 children, has a photocopying and laminating business in Benin City, Edo State, Nigeria. She is currently in need of a $1200 loan to buy another photocopier in order to meet the demands of her customers and increase the speed with which she delivers service. In the future she hopes to own a bigger business center. Christy 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