Ayangoke sells electrical materials, and he also repairs generators. He has been in this business for a long time. He needs the loan amount of N100,000 to purchase more electrical materials to sell. He is 48 years old and he is married with 4 children. He lives in Ogbomosho, Oyo State, Nigeria. 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