LAPO Microfinance Group – loan application
Screenshot of https://www.lapo-mfb.com, operated by: LAPO Microfinance Bank Limited, used under legitimate licence.
Contact
Company
LAPO Microfinance Bank Limited
Address
No. 8, Extension Road, Benin City, Edo State
Website
https://www.lapo-mfb.com
LAPO Microfinance Group – repayment table
Estimated monthly repayments at 0.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 1 months | 3 months | 6 months |
|---|---|---|---|
| ₦100,000 | ₦100,000 | ₦33,333 | ₦16,667 |
Representative example
Loan amount
₦90,000
Repayment term
8 months
Monthly interest
0.00%
Monthly repayment
₦11,250
Total interest costs
₦0
Total amount payable
₦90,000
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦30K – ₦150K
Term
1 – 8 months
Interest from
0.00%
Approval
48 hours
Age
18+ years
Online application
Yes
Requirements
- ✓ Valid ID (national ID, voter's card or passport)
- ✓ BVN
- ✓ Proof of business or income
- ✓ Solidarity group members (for group loans)
- ✓ Guarantor (for individual loans)
- ✓ Utility bill or proof of address
Loan features
- Individual and group solidarity loans
- Loans from ₦5,000 to ₦500,000
- Agricultural and emergency loan products
- Terms 3 to 12 months
- Nationwide branch network
- CBN licensed microfinance bank
Ready to apply?
Go to official LAPO Microfinance Group website ad