Mrs. Omonigho E. is 25 years old. She obtained training as a nurse in a notable school of nursing in Nigeria. According to Omonigho herself, LAPO came to her aid in 2005 when she was in need of money to open up a medical store. If given a loan of US$400, she will further 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