Christiana A. is 52 years old. She is married with 6 children. She is enthusiastic about her business and family. She acquired the skills of the trade from her mother. Christiana sells sand, gravel, and granite. She has been in this business for 15 years. She has been borrowing from LAPO micro finance for the past 3 years. She needs a loan of $450 to assist her in buying more sand, gravel, and granite to meet the demands of her customers. She desires to lift her family above poverty.
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