Ngozi is 29 years old and married with three children. She has been taking loans from LAPO Microfinance for the past three years and the loans have tremendously increased her business and her family life.
Ngozi needs a loan of N80,000 to purchase more electrical accessories and drinks to sell.
Important InformationThe 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
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Success!! The loan was 100% repaid