Mary purchases crates of eggs from poultry farms and sells them to her customers in Lagos state, Nigeria. She started this business seven years ago. She hopes for the loan amount of N 140,000 to purchase more crates of eggs to sell. Mary is 52 years old and married with five children. 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