Afusatu A. sells drinks and produces nylon in her home. She has been selling drinks for a long time but learned to produce Nylon within the past 2 years. Afusatu is 51 years old and is married with 5 children. Afusatu lives in Okoko, Lagos state, Nigeria and is a LAPO client. She is requesting a loan of of $850 to buy more drinks and materials for the production of Nylon. She thanks you in advance.
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