Waheed is 51 years old and married with 4 children who are all doing well in school. He sells medicine. "I love my business because I love seeing people healthy", says Waheed. He lives in Ibadan, Oyo state, Nigeria. His wife is a nurse and they both contribute to supporting the family. He is requesting a loan amount of NGN 70,000 to purchase more medicine to sell. He believes that having an assortment of medicine that is of good quality will increase his sales. 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