Eguagia is a native of Edo State, Nigeria. He is into the business of tailoring and sales of sarongs. He has been in this business for 12 years. He sews lovely Nigerian and western styles for his customers. He hopes to own a world class tailoring stall in the future. He has been able to care for his family with the proceeds of his business. He is blessed with a child and his wife is a trader.
Eguagia needs the loan of NGN 50,000 to purchase more tailoring materials and sarongs 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