Taiwo is an honest and hard-working man. He produces and sells paint in Ogbomoso, Oyo State, Nigeria. He loves this business because he is able to produce paint himself. He has been in this business for 4 years. He hopes to own a big paint company in the future.
Taiwo is 39 years and married with a child. His child is 5 years old and attends school. Taiwo is requesting the loan amount of NGN 100,000 to purchase more materials to produce more paint to sell. He 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