Hope is an Agbor man by tribe but he lives and works in Benin City. He is a hard working man. He is 29 years old and single without children.
He renders rental services in his community. He rents chairs, tables and canopies to people in his community. He loves this business because of the one-on-one interaction that he has with his customers. He is also responsible for taking care of his parents.
He hopes for a loan amount of NGN 100,000 to purchase more tables and chairs. He duly thanks 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