Mutiatu O. is married with two children. She is 33-years-old and lives in Lagos State, Nigeria. She has been in business since 2001 selling wine, juice and spirits.. Mrs. O. requests a loan amount of $450 to purchase additional inventory for resale.
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