Charity E. is 56 years old. She is a widow with 6 children. She sells bread. She has been able to send her children to school up to secondary school level, and she hopes to send them up to the university level. To Charity, bread business is fine. Hence she is requesting a loan in the amount of US$ 525 to buy more bread for re-sale. This, she said, will help her serve her customers better. She lives in Benin city, Edo State, Nigeria. 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