Efosa has been in the photography business for the past five years. Although It is currently the high season for his photography services, Efosa hopes to render more services during and after the high season. His greatest joy is the one-on-one interaction that he has with his customers. He plans to purchase a generator and also to renovate his studio with the N50,000 loan he is requesting. He says thanks to all his Kiva lenders. He is 32 years old and single without children. Efosa hopes to get married some day.
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