Femi is 35 years old and married with a child. He is a focused, hard worker. He sells machine parts to make a living. He lives in Ibadan, Oyo state, Nigeria. He is a LAPO client. LAPO (Lift above poverty organization) is committed to improving lives in Nigeria and else where in Africa. He is requesting for a loan amount of NGN 150,000 to purchase more machine parts to sell. 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