Mabel lives in Agbor, Delta State. She is 37 years old and married with four children. Her youngest child is six years old. Her children are excelling at school. Mabel is a LAPO (Lift Above Poverty Organization) client. Kiva field partner, LAPO, is committed to improving lives in Nigeria and Africa.
Mabel sells plastics like chairs, bowls, carpet and kerosene, at retail prices to her customers. Her dream is to expand her business by owning a plastics factory in the future. She is requesting for a loan amount of 150,000 NGN to purchase more plastics and kerosene to sell. She is indeed grateful to all Kiva 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