Jesutofumi sells foodstuffs like garri, yam, beans, and rice in wholesale and retail. She has been selling foodstuffs for a long time. She has been the leader of a lending group with LAPO microfinance for over three years. Jesutofumi is 53 years old and married to Mr. O. who is a missionary. They have two children who are both in a higher institution of learning in Lagos state. Jesutofumi is seeking a loan of 1200 USD to purchase more foodstuffs to sell. She says thank you to all that made this loan possible!
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