Naghagurueghian U. is a farmer. She plants plantains, pepper, and pineapples on her farm. She is 58 years old and married with 8 children. She lives at Okohuo, Edo State, Nigeria. After harvesting, she sells the farm produce at the community market. This, she says, has yielded her more profit. She has been farming since 2003.She needs the loan amount of US$ 450 to buy more plantain suckers for planting and also for the clearing of her farmland.
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