2022
Award
National Association of Microfinance Banks (NAMB) Award.

- Highest Employer of Labour in the Microfinance Sub-sector & 5th largest Employer of Labour in the National Employment Grid

Central Bank Of Nigeria (CBN) Agricultural Credit Guarantee Scheme Funds.

- Best Farmer of The Year

Central Bank of Nigeria (CBN) - ACGSF Awards, 2022.

- Best Microfinance Bank in Agricultural Financing, 2021.

2021
Award
Central Bank of Nigeria (CBN) - ACGSF Awards, 2021.

- Most Supportive Bank – National Category

Women In Marketing and Communications (WIMCA) Award, 2021.

- Most Female-Centric Microfinance Bank.

Development Bank of Nigeria (DBN) Awards.

- Bank with the Most Disbursement count for women and youths.

Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards.

- Microfinance Bank of the Year, 2021 (8th consecutive time)

Local Government Economic Summit.

- Best National Microfinance Bank (pro-masses) Award.

FAMARD Awards.

- Agriculture and Agribusiness Support Microfinance Bank of the Year, 2021.

FITC Award for Excellence – Other Financial Institutions Category.

- Excellence in Product Innovation.

TETFUND Award, 2021

- Award of Merit.

Rotary Club Idimu High Rise.

- Most Supportive Financial Institution, 2021.

Milestones
- LAPO MFB LEADS TECH INNOVATION WITH THE IMPLEMENTATION OF CORE BANKING SOFTWARE (CBS)

LAPO Microfinance Bank acquires and implements state-of-the-heart operation software Flexcube 14.3. The core banking system is designed to power the bank’s operations to deliver quality products and services to deliver superior clients. The launch took place on Monday, February 10, 2021.

2020
Milestones
Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards, 2020.

- Microfinance Bank of the Year

Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards, 2020 - Microfinance Bank Category.

- Dr. Godwin Ehigiamusoe - CEO of the Decade award (2010 -2020)

Central Bank of Nigeria (CBN) - ACGSF Awards, 2021.

- Best Participating Bank, 2020.

Chartered Institute of Bankers of Nigeria (CIBN) Awards, 2020.

- Most Supportive Microfinance Bank 2020

Milestones
- LAPO Microfinance Bank successfully lists its N6.2bn Bond n The Nigerian Stock Exchange (NSE)

In a historic digital ceremony held on June 29 2020, Dr. Godwin Ehigiamusoe closed the trading activities at the Nigerian Stock Exchange (NSE) by sounding the closing Gong to commemorate the successful listing of LAPO MFB Limited SPV PLC N6.2 Billion 13% Fixed Rate series II Senior Unsecured Bond.

2019
Award
Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards, 2020.

- Microfinance Bank of The Year 2019

The Business Hallmark Awards, 2019.

- Best SME Support Bank.

South West 2019 Excellence Awards.

- Ondo State’s Most Outstanding Microfinance Bank.

Startimes 2019 Recognition Awards

- Partner Of The Year.

Milestones

- LAPO Microfinance Bank Powers First Sustainable Finance Conference in the Microfinance Sub-sector in Nigeria.

- LAPO Microfinance gets the ISO 27001 Information Security Management System certification.

2018
Milestones

- LAPO Microfinance Bank makes history as the first Microfinance Institution in Nigeria to raise funds from the Capital Market through Bond Issuance.

2017
Award
Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards, 2017.

- Microfinance Bank of the Year, 2016

2016
Award
Central Bank of Nigeria (CBN) - ACGSF Awards, 2016.

- Best Microfinance Bank in Agricultural Financing, 2015.

Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards, 2016.

- Microfinance Bank of the Year, 2015

2015
Award
Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards, 2015.

- Microfinance Bank of the Year, 2014

2014
Milestones
Business Day Nigerian Bank and other Financial Institutions (BAFI) Awards, 2014.

- Microfinance Bank of the Year, 2013

2013
Milestones

- LAPO Microfinance Bank celebrates reaching a one million client base, as well as one billion naira (N1 Billion) cumulative disbursement.

2012
Milestones

- LAPO Microfinance Bank obtains approval from the Central Bank of Nigeria (CBN) to operate as a National Microfinance Bank.

2010
Milestones

- LAPO Microfinance Bank obtains approval from the Central Bank of Nigeria (CBN) to operate as a regulated State Microfinance Bank.

2008
Milestones

- The LAPO Microfinance Bank Scholarship Scheme is instituted with the $10,000 cash prize from the Grameen Foundation Award for Excellence.

2006
Awards
The Grameen Foundation Award, Bangladesh (2006).

- Excellence in Microfinance.

2004
Milestones

- The Lift Above Poverty Organization (LAPO) scaled up as a sustainable and effective lending institution drawing inspiration from the best practice model of Grameen and ASA methodology in Bangladesh.

1993
Milestones

- The Lift Above Poverty Organization (LAPO) was formally incorporated as a non-profit, non-governmental organization (NGO) with the Corporate Affairs Commission, the Federal Agency responsible for the establishment and maintenance of companies' registry and offices in all the states of the Federation.

1991
Milestones

Ford Foundation gave the first ever grant to the Lift Above Poverty Organization (LAPO).

1987
Milestones

The Lift Above Poverty Organization (LAPO) started as a non-profit entity at Ogwashi-Uku in present-day Delta State, Nigeria.

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