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LAPO Microfinance Bank, a prominent financial institution committed to empowering women and fostering financial inclusion, marked International Women’s Day 2025 with renewed dedication to gender equality, aligning with the global theme of “Accelerate Action.” The bank organized a series of impactful initiatives to bolster women’s economic empowerment, including financial literacy workshops, business mentorship programs, and access to soft loans designed to strengthen women-led enterprises throughout Nigeria. This commitment underscores LAPO MfB’s recognition of the crucial role women play in driving sustainable development and economic growth.
Central to LAPO MfB’s celebration was its unwavering commitment to providing women with the necessary financial tools and knowledge to flourish in their businesses and communities. The bank’s Director of Marketing and Corporate Communications, Oluremi Akande, reiterated this dedication, emphasizing LAPO’s belief in women’s empowerment as a catalyst for societal and economic progress. This commitment is not merely symbolic but is deeply ingrained in LAPO MfB’s operational framework, as evidenced by the allocation of over 70% of its loan portfolio to supporting female entrepreneurs. This substantial investment in women-led businesses underscores LAPO MfB’s position as a leading force in driving women’s financial empowerment in Nigeria. In 2024 alone, the bank disbursed over ₦237 billion in loans to women-owned businesses, tangibly demonstrating its commitment to translating words into action.
To further amplify its support for women entrepreneurs, LAPO MfB organized a networking forum, creating a platform for female business leaders, industry experts, and female clients of the bank to connect, share insights, and strategize on navigating the challenges and opportunities presented by the contemporary economic landscape. This forum fostered a supportive environment for knowledge exchange and collaborative problem-solving, equipping women with the tools and resources they need to succeed.
Beyond commemorating International Women’s Day, LAPO MfB’s actions reflect a broader institutional mission to create a financially inclusive society where women can thrive without facing systemic barriers. This dedication to gender equality is woven into the fabric of the bank’s operations, extending beyond specific events and permeating its daily activities. LAPO MfB’s focus on empowering women represents a strategic investment in the future of Nigeria, contributing not only to individual success stories but also to broader economic growth and societal progress.
LAPO Microfinance Bank’s multifaceted approach to financial inclusion encompasses a range of services designed to empower underserved individuals and businesses. Its portfolio includes SME loans, savings products, and financial literacy programs, all tailored to meet the specific needs of its diverse clientele. Furthermore, LAPO MfB demonstrates a strong commitment to social impact and sustainability, actively supporting women entrepreneurs, smallholder farmers, and climate initiatives. These initiatives reflect a deep understanding of the interconnectedness of economic empowerment, environmental responsibility, and social progress.
Leveraging digital banking technologies and an extensive branch network, LAPO MfB strives to expand its reach and impact, driving economic growth across Nigeria. This combination of technological innovation and physical presence allows the bank to serve communities effectively, ensuring access to financial services for those who need them most. By providing access to capital, financial education, and networking opportunities, LAPO MfB plays a crucial role in fostering entrepreneurship, creating jobs, and improving livelihoods throughout the country. Its ongoing commitment to gender equality further strengthens this impact, empowering women to become active participants in and beneficiaries of economic prosperity.
