Lapo---- microfinance bank.

LAPO-MICROFINANCE BANK; lifting the poor out of poverty, and improving lives.If you are thinking of starting a business? think LAPO-MFB. Do you want to expand an existing business? think lapo. LAPO Microfinance Bank is a pro-poor financial institution committed to the social and economic empowerment of low-income households through provision of access to responsive financial services on a sustainable basis. The Institution was established in the late 1980s as a Non-Governmental Organization (NGO) by Godwin Ehigiamusoe in response to the effects of the implementation of the Structural Adjustment Programme (SAP) in 1986. In 2010, LAPO MfB obtained the approval of the Central Bank of Nigeria (CBN) to operate as a state microfinance bank and in 2012, it got an approval as a national microfinance bank. Over the years, LAPO MfB has emerged as a leading institution delivering a range of financial services to over a million people in Nigeria. The LAPO MfB core values that are: Integrity Innovativeness Simplicity Excellence Customer- is king.

FINANCING AGRICULTURAL VENTURES.

To secure an agric loan from a microfinance bank is easy and readily available; see the process Facility range: N50,000 (minimum) to N500,000 (maximum) Methodology: Individual, group and corporate Duration: 1-12 months Grace period: 30-60 days Prospective clients must be practicing farmers with verifiable evidence of existing farm investments. Benefits: No collateral Provides capital for farming activities Flexible repayment structure Low interest rates