Philo A. lives in Benin City, Edo state, Nigeria. Philo buys dried fish and garri from the village market and travels to the city to sell it. Dried fish is used in the preparation of Nigerian soups like Egusi, Banga, and Okro. She is 29 years old and is married with three children. Philo is trying to make her life meaningful by working hard. She requests a loan of $700 to buy more dried fish and garri for sale. She thanks all that make this loan possible.
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