LAPO Boosts Rural Agriculture, Supports Farmers With N11 bn

Lift Above Poverty Organization (LAPO) improved the livelihood of rural farmers as well as supported micro businesses with a disbursement of N11 billion between January and July this year 2021, under the LAPO Rural Development Initiative (LARDI).

The Executive Director, Dr. Honestus Ayobami Obadiora expressed delight that the beneficiaries who were hitherto subsistence farmers and Small Scale business Owners have expanded their farmlands and businesses with improved income for family upkeep and savings for the future.

He said LAPO addresses challenges limiting farmers’ productivity and income as well as business expansion and growth such as non-availability of inputs for improved farm yield and limited access to finance, adding that the organization builds the capacity of rural farmers and business owners through on-farm demonstration, workshop and training programmes.

Since inception in 2007, LARDI has disbursed over N60 trillion to 168,225 clients in 277 branches across 22 states. The mandate of the organization is to improve the income, food security and general living conditions of rural households, particularly women-headed households and youths.

 

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