Oluwageniga sells medicine. He has been in this business for over 10 years and with LAPO microfinance for 2 years. Oluwageniga is requesting a loan of N70,000. With the loan, he plans to expand his medicine business, which is now booming. With this kind of business, he hopes to increase his earnings in the long run and be able to provide better for his children's education.
Oluwageniga says thanks to all Kiva lender for their support and assistance.
Important InformationThe 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
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