LAPO institutions empower 2.9m SMEs with N140.4BN IN 2016

LAPO institutions empower 2.9m SMEs with N140.4BN IN 2016

Godwin Ehigiamusoe, founder of Lift Above Poverty Organization (LAPO) on Wednesday disclosed that financial institutions in the LAPO system has in 2016 disbursed loans of N140.4billion to owners of micro and small enterprises.
BusinessDay reports that the financial institutions in the LAPO system include LAPO microfinance bank (LAPO MFB),  Lift Above Poverty Organization (LAPO) and  Micro Investment Support Services Limited (MISS).
Ehigiamusoe said the beneficiaries of the loan disbursement within the period under review  are mostly women of the 2.9 million customer base of the organization in 30 states in addition to the Federal Capital Territory.
The LAPO boss made the disclosure at the 2017 LAPO Outstanding Women Leadership Award in Benin-City.
He explained that in 2016 alone the organization reached over 1.2 million persons with health awareness programmes while between October 2015 and December 2016, a total of 3,875 persons benefitted from its Community Health Outreach (CHO) programme in various communities in Edo State covering full medical compliments and surgery.
He noted that since its inception, LAPO has been involved in community health improvement, playing a major role in addressing the challenges of malarial, maternal and child health issues.
Ehigiamusoe added that the organization deployed innovative prevention, management and support approaches in the fight against HIV/AIDS particularly in rural communities across the country.
He also disclosed that the organization is currently implementing a massive cancer awareness programme tagged the LAPO Community Campaign for Cancer Control (LAPOC4) in Lagos, Rivers, Edo, Imo and the Federal Capital Territory (FCT) in partnership with 13 community-based organizations.
He noted that the focus of LAPOC4 was on awareness creation, prevention and early detention of cancer.

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