Osariemen is 34 years old, married, and has seven children. She lives in a semi-urban area in Benin City, Edo State of Nigeria, and has been running her own business since 2000. Osariemen she is a hairdresser. She is requesting a loan of US$400 in order to expand her business.
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