Eniola is 36 years old and married with two children. She owns a video club where she rents out videos, and she also sells rechargeable phone cards. She has been in this business for a long time. Eniola needs a loan to purchase more videos and rechargeable phone cards to sell. Eniola is a LAPO client. 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