Kehinde O. is 39 years old and she is a widow with 3 children. She lives at Badagry, Lagos State, Nigeria. She sells clothes and jewelery in her shop located in the Okoko area of Lagos State, Nigeria. She started this business in 1986 after learning it for 4 years from her aunty. She has been borrowing from LAPO Microfinance for the past 4 years and she now needs a loan of $850 to buy more inventory. 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