Regular Loan

LAPO Microfinance Bank

Product Details

About Regular Loan

This loan product is designed to operate on a group (union) methodology. A union is a self-selected group of people who access loans individually, but have group guarantees. Regular Loan is created to help meet the working capital needs of clients that run small businesses.

Requirements for loan

  • Fill out an application form
  • Bank Verification Number (BVN)
  • Current utility bill /Verification of Address
  • Two (2) recent passport photographs
  • Two (2) guarantors
  • Valid ID – Driver’s ID, National ID or International passport.

States Covered

All States

Provider Details

About provider

<p>LAPO Microfinance Bank is a pro-poor financial institution committed to the social and economic empowerment of low-income households through provision of access to responsive financial services on a sustainable basis. The Institution was established in the late 1980s as a Non-Governmental Organization (NGO) by Godwin Ehigiamusoe in response to the effects of the implementation of the Structural Adjustment Programme (SAP) in 1986. In 2010, LAPO MfB obtained the approval of the Central Bank of Nigeria (CBN) to operate as a state microfinance bank and in 2012, it got an approval as a national microfinance bank. Over the years, LAPO MfB has emerged as a leading institution delivering a range of financial services to over a million people in Nigeria.</p>
CONTACT ADDRESS
Irorun Plaza, 2nd Floor Kudirat Abiola Way, Oregun P.M.B. 1729, Ikeja, Lagos State.
WEBSITE
https://www.lapo-nigeria.org/loans/small-business-loan-sbl
PHONE NUMBER
+234-813-984-0230
EMAIL
info@lapo-nigeria.org
Product Details

About Regular Loan

This loan product is designed to operate on a group (union) methodology. A union is a self-selected group of people who access loans individually, but have group guarantees. Regular Loan is created to help meet the working capital needs of clients that run small businesses.

Requirements for loan

  • Fill out an application form
  • Bank Verification Number (BVN)
  • Current utility bill /Verification of Address
  • Two (2) recent passport photographs
  • Two (2) guarantors
  • Valid ID – Driver’s ID, National ID or International passport.

States Covered

All States

Provider Details

About provider

<p>LAPO Microfinance Bank is a pro-poor financial institution committed to the social and economic empowerment of low-income households through provision of access to responsive financial services on a sustainable basis. The Institution was established in the late 1980s as a Non-Governmental Organization (NGO) by Godwin Ehigiamusoe in response to the effects of the implementation of the Structural Adjustment Programme (SAP) in 1986. In 2010, LAPO MfB obtained the approval of the Central Bank of Nigeria (CBN) to operate as a state microfinance bank and in 2012, it got an approval as a national microfinance bank. Over the years, LAPO MfB has emerged as a leading institution delivering a range of financial services to over a million people in Nigeria.</p>
CONTACT ADDRESS
Irorun Plaza, 2nd Floor Kudirat Abiola Way, Oregun P.M.B. 1729, Ikeja, Lagos State.
WEBSITE
https://www.lapo-nigeria.org/loans/small-business-loan-sbl
PHONE NUMBER
+234-813-984-0230
EMAIL
info@lapo-nigeria.org

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