Benjamin A. is 50 years old and married with four children. His wife is a tailor. He sells tailoring materials such as thread, zippers, etc.
He plans to increase his tailoring materials to meet his customers' demands. He is requesting a loan amount of N70,000 to purchase more tailoring materials to sell. He says thanks to all Kiva lenders for their 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