Mrs. Esther A. is a business woman who specializes in the sale of ladies' wear. She is 25 years old and she hails from Emu in Edo State. Esther has been in this business since 2004 and is a member of one of the LAPO unions. She is requesting a loan of US$625 to purchase more ladies' wear.
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