Eki O. is 32 year old and married with 2 children. She sells sarongs, jewelry, shoes and bags. She has many customers. As the festive season is here, Eki hopes to make more sales and profit. She is requesting a loan amount of $600 to purchase more sarongs, jewelry, shoes and bags to sell. She says thanks to all Kiva lenders for their financial support.
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