Many loan and grants fund organisations exist all
over the country but we specifically are going to talk about the Lift Above
Poverty Organisation (LAPO).
LAPO
is a Nigerian organisation which stated its activities in 1987, with a micro
finance bank which focuses on self employment, through micro finance banks and
non governmental organisations, to improve and empower the poor and vulnerable
masses, through granting of loans for various buisness innovations.
For
Today We Are Going to Be Talking Aout The LAPO Agric Loan. Agriculture
is the pilllar of most economy and is primary to the social and economic
growthof any nation. This is why LAPO mico finance banks, created Agric loans
to finance the farming activities of individuals, groups or co-operate
organisations. The payack schedule is designed to suit the seasonal nature of
such agricultural activities.
In
2016, LAPO micro finance bank won the est microfinance bank in agricultural
financing under the Agricultural Guarantee Scheme for the year 2015 by the
central bank of Nigeria (CBN).
Features
Of The Loan
1: Facility Range: #50,000 (minimum) to #500,000
(maximum).
2: Methodology: Individual, Group, Co-operative
organisations.
3: Duration: 1-12 months.
4: Grace period: 30-60 days.
5: Prospective clients must be practicing farmers
with verifiale evidence of existing farm investents.
Benefits
Of The Loan
1: No collateral
2: Provides capital for farming activities
3: Flexile payment structure
4: low intrest rates
5: expert financial advice available.
Head
office: LAPO place 18, Dawson Road, PMB 1729, Benin City, Edo State, Nigeria,
West Africa.
Lagos
office: irorun plaza, 2nd floor kudirat Abiola way, Oregun PMB 1729, Ikeja,
Lagos state.

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