Small and Mid-size Enterprise (SME) Loan

Big businesses require big loans. The LAPO Microfinance Company “SME Loan” is a credit product designed specifically to support Small and Medium Scale Enterprises (SMEs) operators in Sierra Leone. Irrespective of the sector your enterprise is operating, 

LAPO Microfinance is willing to support you with a credit facility up to Le250,000,000 to expand the enterprise. At an affordable interest rate, Sierra Leone SMEs can now maximize their potentials with the SME Loan for the expansion of their businesses.

For more information about the SME Loan, kindly contact us on: +23230900602, +23230900606, +23230900690, +23230900699 or +23230900600

  • Facility amount up to Le 500,000,000
  • Methodology: Individual
  • Duration: 12 months


  • No collateral
  • Access to funds for your business expansion
  • Flexible repayment structure
  • Training on basic financial management, business planning and customer relations
  • Expert financial advice available when you need it
  • Loan application letter
  • Duly completed application form
  • 2 guarantors
  • A valid means of ID (national ID, driver’s license, voter’s card or  international passport)
  • Current utility bill
  • 4 recent passport-size photographs

1. Q: Do I need collateral before I can access this loan?
    A: No, you do not need collateral before you can access the loan, once you can provide 2 guarantors that can stand for you in case of default.

2. Q: Can I reduce the repayment duration?
    A: Yes. You can reduce the repayment duration to the number of months that suits you.

3. Q: Is there any issurance on the loan?
    A: The loan is insured against death, fire in the business place or disability.