LAPO Microfinance Bank is leading the advocacy for the adoption of sustainable practices among operators in the micro-finance sub-sector in Nigeria. In 2019, as a member of the Global Alliance for Banking for Values (GABV), LAPO hosted the first-ever international sustainability conference in Nigeria, themed “Enhancing Sustainable Finance in the Microfinance Subsector”.
Global Sustainability, Environment, Social and Governance (ESG) experts from both public and organized private sector engaged in critical discussions that focused on the strategic importance of the adoption of sustainable financing and the potentials it portends for sustainable economic growth.
Post-event Communiqué was transmitted to industry stakeholders and relevant Government and Non-Governmental Organizations with the sole aim of influencing adoption by operators and policy formulation by the regulators.
Our strategic institutional focus on a clean environment influences the development of our Green Clean Energy Lending products leveraging partnerships with responsible local and international energy and solar products companies.
Today, majority of our low-income clients use our affordable alternative energy products such as Ogas cylinders, Dlight solar lanterns and energy-saving home appliances replacing the use of firewood, highly combustible lanterns and energy-consuming home appliances.
- Reduction in the utilization of paper for business operation.
- Support for our communities – Scholarships
- Paternity leave for Staff
- Provision of alternative energy products
LAPO MfB has deepened its social performance approach by engaging in activities that enhance our client protection principles and support, such as Transparency and Responsible pricing. Others are Prevention of over-indebtedness, Appropriate product design...
The UN Sustainable Development Goals
LAPO Microfinance Bank positively impacts the environment and promotes social and economic empowerment, while meeting the expectations of current stakeholders and protecting the interest of future generations...
Premium customer support
Enjoy the personalized service you need at LAPO Microfinance Bank, including long-term business financial planning and extended-hours access to our specialized business service team.
- One combined monthly statement for all of your business accounts
- Extended-hours access to our specialized business service team