Ruth O. is 35 years old and is married with 6 children. She sells and sews clothes at the market. Ruth makes lovely Nigerian designs mostly for married women and single girls. She is requesting a loan of $700 to buy more tailoring materials like sewing thread, zippers, landing, etc. She thanks all Kiva lenders.
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