Kassim T. is a building contractor and she also sells bags of cements and blocks. She has been in this business for four years. T. hopes for the loan amount of N140, 000 to purchase more bags of cement to sell. T. is married with 2 children and she is 40 years old. She says thanks to all kiva lenders.
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