Gabriel has his business in two phases. He drives for commercial purposes in the morning, and in the evening he does his restaurant business with his wife. These businesses have enabled him to meet the basic needs of his family. Gabriel is 41 years old and married with four children. His children are in a primary school and they are doing well.
Gabriel hopes to overhaul his car. He believes this will make his car more attractive to customers. He also wants to purchase more foodstuffs to cook and sell. He needs the loan of NGN150,000 to achieve this purpose. He thanks all his 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