Moses A. has a pig farm, where he rears pigs to sell at retail prices. He loves this business because of the one-on-one interaction that he has with his customers. He hopes to own a poultry farm in the future. He is married with four children and he is 43 years old.
A. is requesting a loan of 100,000 Nigerian naira to purchase more pigs to rear and sell. He says thanks to all Kiva lenders.
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