Iyabo is a hardworking woman and she is determined to pull her business and family out of poverty. She lives in Ogbomoso, Oyo State, Nigeria. She is 40 years old and married with three children. She is happy because her children are excelling in school.
Iyabo sells foodstuffs like yam, yam flour and cooking oil and she has been in this business for a long time. She loves this business because of the one-on-one interaction that she has with her customers.
Iyabo is a Lift Above Poverty Organization (LAPO) client. She is requesting a loan of 80,000 to purchase more foodstuffs to sell. She says thanks to all Kiva lenders for their support.
LAPO is committed to improving lives in Nigeria and elsewhere in Africa.
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