'I am proud to be a LAPO leader of my union', explains Mrs. O. Modupe. She is 49 years old and married with 5 children. She lives in Benin City, Edo State. She sells primarily cosmetics, luggage and clothing in Usule market. She is seeking for the sum of $800 to buy more stock. She has 5 years' experience in her business.
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