Martha E. is 40 years old and married with 4 children. She lives in the Oka area of the Edo state in Nigeria. She buys palm kernels and mills them into palm oil. She sells this in the local market in her community. She learned this business over five years. She started her own business in the year 2002. She needs a loan of $700 to buy more palm kernels for milling into palm oil to sell. She thanks you.
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