About Us

LAPO Microfinance Company Sierra Leone is a pro-poor financial institution committed to the social and economic empowerment of low-income households through provision of access to responsive financial service on a sustainable basis. The institution was established in the early year 2007  by Dr. Godwin Ehgiamusoe.

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
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The LAPO Microfinance Company family share mutual core valued that are centered on.
People First
Enterprise & Teamwork
Integrity
Commitment to Social
Excellence
Responsibility & Sustainability
Passion & Commitment
Fun & Excitement
Our Impact

The Right Start For Your Business

LAPO Microfinance Company SL Limited, affirms that microfinance is identified by its primary purpose of maximizing long term value to low Income earners and small entrepreneurs in a sustainable way. Our effort is to minimize 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.
In view of the above, LAPO ensures that ethics is managed via the following;
• Our clients
• Other MFI’S
• Our staff, Funding agency and government

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Our Mission

Is to offer Financial Services that meet the needs of economically active people in a cost effective and innovative manner.
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Our Vision

Is to be the first choice Microfinance Company impacting on the lives of members of low-income Sierra Leonean house-holds
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March

Origin of LAPO-SL
LAPO Microfinance Company SL Limited started as a non-profit entity at Freetown, West Africa

2008

2015

July

LAPO SL Received First Funding
Regional MSME Investment Fund for Sub-Saharan Africa (“REGMIFA”) is a unique social impact investment fund structured to promote the growth of LAPO's MSME.

October

Approval to Operate Credit only by BSL In 2015, LAPO Microfinance Company obtained the approval of the Bank of Sierra Leone (BSL) to operate as a credit only microfinance company.

2015

2017

June

APPROVAL TO OPERATE AS A DEPOSIT TAKING MFI BY BSL.
in 2017, LAPO Microfinance company received another approval to operate as a national microfinance deposit taking institution

October

LAPO SL Received Certificate of Merit
Conscious Times Media presented an award to LAPO Microfinance Company Sierra Leone for Outstanding Performance in the Rebranding Process

2017

2019

April

African Consulting Group Award LAPO SL
The African Consulting Group (ACG) at the NATIONAL BUSINESS Award, present to LAPO SL

July

African Consulting Group Award LAPO as the Best MFI
The African Consulting Group (ACG) at the NATIONAL BUSINESS Award, present to LAPO Microfinance Company an award as the Best Microfinance in Sierra Leone

2020

2020

August

LAPO SL Go-Live on Digital Collection Sheet
LAPO Microfinance embark on Digital Implementation Collection process that provides the loan officer with a flexible loan repayment collections in a timely manner