Sulaiman is 40 years old. He is married and has 4 children. His eldest child is 10 years old. He lives in Ibadan, Oyo State, Nigeria. His wife sells clothes to also support the home. He has a computer centre where he provides computer services to his customers. His customers are mostly residents and friends. He is a LAPO client. (LAPO) Lift Above Poverty is committed to improving lives in Nigeria and elsewhere in Africa. He is requesting a loan in the amount of NGN 100,000 to purchase more stationery. He says thank you 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