He sells firewood at retail prices to his customers. He has been in this business for a long time. He works for long hours to ensure that there is food on their table to feed his family. He is married with four children and he is 48 years old. His eldest child is 23 years old.
He is requesting a loan of 50,000 NGN to purchase more firewood to sell. He says thanks to all Kiva lenders.
Important InformationThe 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
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