Sufen
In October 2013, LAPO Microfinance Bank launched SUFEN (Supporting Female Entrepreneurs).
SUFEN
loan product is specially designed to support and empower female
entrepreneurs in commerce, trade and manufacturing, with access to
business scale up funds. The goal of the scheme is to enable them own
large businessess which amongst others will provide employment and make
contributions to the national economy. SUFEN product is available in LAPO MfB branches across Lagos, Edo, Ondo and Ogun State.
Agriculture is the mainstay of any economy and is fundamental to the socio-economic development of any nation. This is why LAPO MfB designed Agric Loan to finance the farming activities of individuals, group or corporate organisations. The repayment schedule is designed to suit the seasonal nature of such activities.
Small Business Loan (SBL) is designed to meet the capital needs of small and medium scale entrepreneurs who require more funds for expansion.
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