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.

  • Facility range: Le300,000 (minimum) to Le5,000,000 (maximum)
  • Methodology: Individual lending but group liability
  • Duration: 8 months
  • Grace period: 2 weeks
  • Repayment frequency: Weekly
  • Clients must belong to a union



  • No collateral
  • Access to funds for business expansion
  • Access to other business loan products to strengthen client’s enterprise, e.g. Mid-term and Asset loan
  • Flexible repayment structure
  • Training on basic financial management, business planning and customer relations
  • Low interest rate
  • Expert financial advice available
  • Duly completed application form
  • 2 guarantors
  • 2 recent passport-size photographs
  • Current electricity bill
  • A valid means of ID (national ID, driver’s license, voter’s card or international passport)

1. Q: How do I join a union?
A: You locate a LAPO Microfinance  union around where you live. 

2. Q: Can a Client Support Officer (CSO) locate a union for me?
A: No. According to LAPO Microfinance’s policy, a CSO isn’t allowed to direct you to a union to join.

3. Q: Can I start a Union?

A: Yes.