Kafayat is 38 years old and married with four children. Her husband also works to support their home. Her children are excelling in their school and this gives her joy. She is a friendly and hard working woman. To make a living in Ibadan, Oyo state, she sells electrical materials at retail prices to her customers. She has a stall where she sells her electrical materials. Her customers are usually friends and residents. She is requesting a loan of N50,000 to purchase more electrical materials to sell. She says thank you 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