John I. is 31 years old and married with two children. He sells vegetables, such as cabbages, green beans, legumes, watermelon, carrots and cucumbers.
His wife is a student studying Environmental Health. He travels to Jos to purchase vegetables to sell in Benin City.
He is requesting a loan in the amount of 140,000 local currency to purchase more vegetables to sell. He says thanks to all Kiva lenders for their financial support.
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