Omotoyosi is a Yoruba woman by tribe and she lives in Ibadan, Oyo state with her family. She is 42 years old and married with three children. Her youngest child is seven years old. Her children attend school and this gives her peace. Her husband works for the government and he supports his home. To earn a living, she sells VCDs (video compact disc). She hopes for a loan of NGN 120,000 to purchase more VCDs to sell. She hopes to make her business sustainable. She says thanks 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