Joy sells groceries, foodstuffs and clothes. With these combined businesses, she hopes to meet the basic needs of her immediate family members. She is 36 years old and married with four children. Joy is a LAPO client. LAPO (Lift Above Poverty Organization) is committed to improving lives in Nigeria and Africa. She is requesting a loan of NGN 50,000 to purchase more groceries, foodstuffs and clothes to sell. She says thank you 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