Isaac A. is 38 years old, married with 3 children. He is into the sale of palm kernel, cocoa and cashew seeds and pods. He lives in Ubiaja, Edo State, Nigeria. He has been in this business since the past thirteen years. He needs the loan amount of $1200 to buy more palm kernel for sales.
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