Blessing O. is 45 years old and married with 2 children who are in school, Blessing sells fairly used clothes. She travels to Cotonou, a seaport town in a neighboring country, every 2 weeks to purchase fairly used clothes to sell. She lives in Benin City, Edo State, Nigeria. She is requesting the loan amount of N 50,000 to purchase more fairly used clothes to sell. She says thanks to Kiva and all 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