SUPPORT LAPO Scholarship Scheme
Scholarship Scheme for children of clients
In 2006, LAPO won the Grameen Foundation’s Award for Excellence in Microfinance which came with a cash prize of $10,000. The amount was utilized as a Seed Fund for a scholarship scheme for children of LAPO clients. The scholarship award covers school fees and books for three years of junior and senior secondary school each. LAPO Microfinance Bank makes contributions to the scholarship. Currently, 229 children have so far benefited from the scholarship scheme.
Beneficiaries of the Scholarship Scheme
|
S/N |
Year |
Female |
Male |
Total Beneficiaries |
Cumulative Total Beneficiaries |
|
1. |
2008 |
16 |
16 |
32 |
32 |
|
2. |
2009 |
61 |
37 |
98 |
130 |
|
3. |
2010 |
44 |
55 |
99 |
229 |
Some Beneficiaries
Faith HACKEM
Miss Faith is a student of Junior Secondary School 3 at the Model College Ikorodu. With the LAPO Scholarship award, Faith pays her school fees for the year at the beginning of the school year. Her grandmother, Mrs. Remi Oguniyi is a long standing client of LAPO. She expressed her joy amidst tears “Where LAPO for help me too big…thank you LAPO”.
Ini-Obong TITUS
Ini-Obong Titus is a JSS III student of St. Patrick College is proud of his mother Mrs. Iboro Titus being a LAPO client. Mrs. Titus is a caterer, joined LAPO in 2007, says ‘LAPO has done more than some banks and churches, during our meetings we always pray for Mr. Godwin Ehigiamusoe and all his staff, I am so proud of LAPO! ‘My husband initially mocked us that it was not real, but today he appreciates the support from LAPO. Ini-Obong is seen as a good representative of his school. Rev. Dr. Effiong Edet his school principal advised other Nigerians to emulate LAPO by helping the poor. “My student Ini-Obong comes regularly to school and he is much more serious with his studies.”
Miss Olasinle AJOSE
Miss Olasinle is in SSS I, a beneficiary of the LAPO Scholarship Scheme. She desires to become a lawyer. The scholarship award enables her family to promptly pay her school fees and also provide her with clean uniforms, shoes, bag and all required books. Mrs. Toyin Ajose (Olasinle’s mother) said she used part of the scholarship fund to enroll Olasinle for computer training during end of session (summer) holiday. Mrs. Toyin Ajose is a LAPO client in Alafia Union and in her 3rd loan cycle stage. The Principal of Olasinle’s school, Mrs. Alakia was of the opinion that ‘Olasinle has greatly improved; she is more stable in school’. Before now, Olasinle was always sent home by the school authorities for delay in payment of school fees’.