How to Easily Access Personal Loan from Lapo Microfinance

How to Easily Access Personal Loan from Lapo Microfinance

Microfinance lending is the provision of financial services to people who lack access to those services from traditional financial institutions like banks. In essence, a microfinance lending company like Lapo provides loans to borrowers who were previously deemed unbankable by conventional banking institutions.

In this article, you will be Learning how to apply for a Lapo personal loan in a few easy steps, so keep reading.

About Lapo Personal Loan

A personal loan is a specific amount of money you have access to borrow and use for numerous purposes. Basically, the Lapo personal loans product offers you access to instant credit of up to N500,000 for your personal use. You can use this money to take care of your personal needs or run your business. Also, this loan is collateral free and this makes it easily accessible to the underbanked population in Nigeria.

Documents You Need to Apply for a Lapo Personal Loan

The general requirements to apply for a personal loan from this financial institution are

1. Loan application letter.

2. 4 recent passports.

3. 2 guarantors.

4. Duly completed application form.

5. A valid means of ID

6. Current utility bill.

You may also want to read How to Apply for AGSMEIS Loan in 3 Simple Steps

How to Easily Access Personal Loan from Lapo Microfinance

To apply for a personal loan from this microfinance bank, follow these instructions:

1. Visit the nearest Lapo branch around you

2. Next, request for a personal loan application form

3. Lastly, fill out the application form given to you, attach the necessary documents to the completed form, and submit it.

USSD Code for Lapo USSD Banking

The USSD Banking code for Lapo is *371#. Basically, with this code, you get instant access to their services through your smartphone. Just dial *371# to access these services at your convenience.

You may also want to read Top 6 Online Loan Apps To Get Instant Loan In Nigeria

How can I contact Lapo?

Below are numerous ways that you can contact Lapo microfinance bank:

Head Office Address: LAPO Place, 15A Ikorodu-Ososun Road, Lagos State.

Annex Office Address: 18, Dawson Road, Benin City, Edo State.

Phone Number: +(234) 813 984 0230

WhatsApp Number: 081 5055 3264

Email Address: [email protected]

Website: www.lapo-nigeria.org