Olayinka A. is 41 years old and married with four children. Her husband is a commercial driver. They live in Ibadan, Nigeria. Olayinka sells ground nut oil in wholesale and retail and she hopes to expand her business. She would like a loan amount of N100,000 to purchase additional groundnut oil to sell. She says thank you to everyone 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