To give members a sense/culture of savings. To promote the virtue of thrift. To encourage clients to build up capital for themselves. An institutional savings product for the benefits of both clients and LAPO. ...

Each group or union must have a leader and a secretary. These officials are elected by group members for a term of two years and are expected to encourage social cohesion and compliance with the laid down rules and procedures of L...

A client is obliged to: Obey all rules and regulations (of group and the organization) Attend the weekly/monthly meetings of the group on time. No lateness, no absenteeism. Make regular deposit {target/term savings). Make proper use of credit facilit...

It is not compulsory. Can start with any amount. It can be target savings/ term deposit. Can be withdrawn at any time. Depositors benefits from competitive interest rate. It is for everyone and for various purposes. Secured, transparent and accounted...

Small amount of installment, therefore making  repayment schedule least stressful Low cost of service Transactions cost minimal,  banking services to the door step of our customer No collateral is needed No extensive documentar...