LAPO Microfinance Bank Limited is a pro-poor financial institution committed to the empowerment of low-income Nigerians through access to responsive financial services delivered on a sustainable basis. The institution was founded as a non-profit entity by Mr. Godwin Ehigiamusoe while working as a Rural Co-operative Officer in Delta State, Nigeria. In 2010, LAPO set up a microfinance bank and transferred the bulk of its microfinance operations to the new institutional vehicle.
First choice Microfinance Bank delivering responsive financial services while meeting the expectations of all stakeholders on a sustainable basis
To empower our clients through access to affordable financial services delivered in a cost-effective and innovative manner.
LAPO Microfinance Bank Limited exists to address the economic powerlessness of a large number of Nigerians through the provision of financial services to micro and small enterprises on affordable terms.
LAPO’s institutional structures, procedures and services have always been influenced by the following assumptions:
4 Cardinal Principles of Engagement
1. The purpose of LAPO is to serve its clients
We listen to them, reason with them and serve them in an atmosphere of trust and respect.
2. We leverage on technology to serve our clients faster
Investment in cost-efficient tailored solutions enhance institutional efficiency and client convenience.
3. Our business is where our clients are
If it is right there, it is right for the organization. Go out and support them.
4. We can achieve more as a team; We support one another
We shake hands with individual performer but hug outstanding team players.