Is This True ??? KIVA Partners Charging 60% Interest on Donated Money?

I was surfing through the KIVA.com site and was checking out one of their lending Partners in


South America...


Their Posted Interest Rates to the Poor People


was 60%..Is this legal ???Is This True ??? KIVA Partners Charging 60% Interest on Donated Money?
That does not seem right. You should report that to Kiva.org. They say they only work with low-interest partner banks.

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