Ayandiji A. is 37 years old, married with 2 children. He lives in Ogbomoso, Oyo state, Nigeria where he sells medicines at retail prices to his customers.He has been in this business for a long time.He hopes that this loan will help him build a business that will be profitable and provide benefits for his immediate family. Ayandiji hopes for a loan of N50,000 to purchase more medicines to sell. He 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