Moses O. is a hardworking man. He sells planks in Oyo State, Nigeria. He is a happy man who has been in this business for a long time. He is 56 years old and married with six children. His children are doing well in business and school. He is requesting a loan of 100,000 nairas to purchase more planks to sell. He says thanks to all Kiva lenders for their support.
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