Michael is a businessman and he is an honest and hardworking man. He is married with a child and he is 32 years old.
Michael sells rechargeable cellphone accessories and he also has a pig farm. With these combined businesses, he hopes to meet the basic needs of his family.
Michael is requesting for a loan of NGN 120,000 to purchase more rechargeable cellphone accessories 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