Elizabeth O. is 36 years old and married with seven children. She sells plastics, and she has been in this business for a long time. She travels to Onitsha and Lagos to purchase her plastics to sell in Benin City. She needs the loan amount of 40,000 NGN to purchase more plastics to sell. 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