Tunde is a hard working and honest man. He has a fish pond where he raises fish to sell. He loves this business because of the opportunity to interact with his customers. He works for long hours to be able to support his home. He is married, has 4 children and he is 40 years old. His wife also works to support their home. Tunde is requesting for a loan amount of NGN50,000 to purchase more fingerlings to boost his business. He says thanks to all Kiva lenders for their 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