10 Verifiable Facts About LAPO MfB
LAPO Microfinance Bank Limited, (LAPO MfB), a premium microfinance institution in Sub-Saharan Africa, has remained strong, sincere and astute in its service and operations to empower the Nigerian society, maintained a good report and honest legacy with customer’s relations.
- Disbursed over 1 trillion (still disbursing) to members of low income households & owners of msme;
- Provide gainful employment to over 7000 Nigerian youths;
- Over 500 branches across 34 states including the FCT to ensure we reach the unbanked poor;
- Over 3000 clients children have benefitted for our scholarship scheme;
- Over 1000 youths have benefitted from our skills acquisition programmes ;
- Recognised as the MfB with the highest disbursement to women and youths in Nigeria- Development Bank of Nigeria (DBN)- 2021;
- Most Supportive financial Institution to Farmers – Central Bank of Nigeria (CBN) Agricultural Credit Guarantee Scheme Funds ( ACGSF) 2021;
- Over 60 responsive products to serve our over growing 6million happy Clients in Nigeria;
- Microfinance Bank of the year 2021 (7th Consecutive time) in the Businessday Banks and Other Financial Institutions (BAFI) awards ;
- Over 5million clients have benefited from our health advocacy programs and partnerships.