John A. repairs refrigerators. With the additional funds from Kiva lenders he was able to learn how to install satellite dishes. He is happy with Kiva lenders because he now has an additional business. He lives in Uromi, Edo state, Nigeria. John is single and he is a LAPO client. He hopes for the loan amount of $1200 to purchase materials for the installation of satellite dishes. He thanks all Kiva lenders and LAPO Microfinance.
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