Adigun D. lives in Ogbomosho, Oyo State, Nigeria. Adigun is 43 years old and married with 4 children. Adigun crushes palm kernel. He has been in this business for a long time. He purchases the palm kernel and crushes it to sell to his customers. He hopes to expand his business and increase his profits. He needs the loan amount of N100,000 to purchase more palm kernel to sell.
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