OUR EFFORT IS TO REDUCE POVERTY
AND IMPROVE THE QUALITY OF LIFE FOR LOW-INCOME FAMILIES IN SIERRA LEONE
LAPO Microfinance Company 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 early 2008 as a Non-Governmental Organization (NGO) by Godwin Ehigiamusoe in response to the effects of the implementation of the Structural Adjustment Programme (SAP) in Sierra Leone.
In 2015, LAPO Microfinance Company obtained the approval of the Bank of Sierra Leone (BSL) to operate as a credit only microfinance company and in 2017, it got an approval as a national microfinance deposit taking institution. Over the years, LAPO Microfinance Company has emerged as a leading institution delivering a range of financial services to the people of Sierra Leone.
The LAPO Microfinance Company family share mutual core valued that are centered on
INTEGRITY – INNOVATIVENESS – SIMPLICITY EXCELLENCE – CUSTOMER – CENTEREDNESS
Is to offer Financial Services that meet the needs of economically active people in a cost effective and innovative manner.
Is to be the first choice Microfinance Company impacting on the lives of members of low-income Sierra Leonean house-holds
WE MAKE YOUR STRATEGY WORK
LAPO Microfinance Company SL Limited, affirms that microfinance is identified by its primary purpose of maximizing long term value to low Income clients and micro and small entrepreneurs in a sustainable way. Our effort is to reduce poverty and improve the quality of life for low income families in Sierra Leone particularly focusing on under-served areas.
LAPO is committed to developing the microfinance industry in Sierra Leone based on microfinance best practices and enhancing the microfinance sector in relation to further developing a credit culture with regards to lending and retrieving activities as well as having a good relationship with the clients. LAPO aspire to strengthen relationships with all stakeholders and strive to maintain good leadership role in the microfinance sector. We affirm our ongoing confidence that microfinance can and should bring increases in income, assets, and other benefits to our clients; we also acknowledge that microfinance is not the only solution to fight the problem of poverty.
LAPO believe that providing access to financial services for low income families is one of the tools that can enable those families to lift themselves out of poverty. We understand the need for LAPO Microfinance Company SL Limited to reach financial sustainability and increase outreach but this should not be accomplished by negatively impacting the social and environmental conditions of the local communities that we operate within.