LAPO is a limited liability company (LLC), fully licensed by the Central Bank of Sierra Leone as a credit-only microfinance institution. LAPO was founded in 2007, drawing from experience of more than two decades of similar operations in Nigeria. LAPO began operations in Freetown, the country’s capital, before spreading to other towns, mostly in rural areas, targeting the poor. Today, LAPO has a total of 19 branches spread across all the provinces and districts of Sierra Leone. More than 50% of the branches are located in rural areas, and 100% of the organization’s borrowers are women.
Learn more on LAPO’s website here.