Biliki A. sells cooked foods and drinks in her shop. She learned how to cook from her mother. Biliki is 27 years old and married with a child. Biliki has a restaurant where she cooks foods like beans, rice, plantain, etc. She also sells drinks. Biliki is a LAPO client. Biliki needs a loan of $1200 to buy more drinks to sell and also to buy a generator. She needs a generator because of the lack of electricity supply. She appreciates the generosity of Kiva lenders in helping to alleviate poverty. 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