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LAPO Microfinance

Savings | Loans | Housing | Education | Agriculture | Clean Energy

Founded 1987 Nigeria Nigeria 3047 employees

General Information

Company Name LAPO Microfinance
Founded Year 1987
Location Nigeria Nigeria +1
Employees 3047
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About LAPO Microfinance

LAPO Microfinance Bank, an off-shoot of the Lift Above Poverty (LAPO) Organization, was established in response to the fallout of the implementation of the Structural Adjustment Program in the late 1980s. Incorporated in April 2007, licensed by the Central Bank of Nigeria (CBN) in 2010, and granted national status in 2012, LAPO Microfinance Bank operates in 34 of the 36 states in Nigeria, including the Federal Capital Territory, Abuja, with a vast network of over 500 branches. The institution offers a comprehensive range of financial products and solutions to support micro, small, and medium enterprises, as well as low-income households.

A promising player in the Nigerian microfinance sector, LAPO Microfinance Bank's commitment to financial inclusion and support for socio-economic development aligns with the growing demand for inclusive finance solutions in emerging markets.

Taxonomy: Microfinance, Financial Inclusion, Small Business Loans, Community Development, Entrepreneurship Support, Poverty Alleviation, Rural Development, Economic Empowerment, Social Impact, Nigeria, Banking, Sustainable Development, Housing Finance, Education Finance

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FAQ About LAPO Microfinance

Savings | Loans | Housing | Education | Agriculture | Clean Energy
LAPO Microfinance was founded in 1987.
LAPO Microfinance is headquartered in Nigeria.
LAPO Microfinance has approximately 3047 employees.
Top alternatives and competitors to LAPO Microfinance include Mainstreet Microfinance Bank Limited, Personal Trust Microfinance Bank, Lovonus Microfinance Bank Limited, Accion Microfinance Bank Limited, BENYSTA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LAPO Microfinance and Mainstreet Microfinance Bank Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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