Why LAPO supports rural farmers with 11bn

 

Lift Above Poverty Organization (LAPO) improved the nation’s food security status as well as enhanced the production capacity of 129,637 rural farmers with a loan disbursement of 10,936,270,300 in the 2019 financial year.

The figure represents a 49% increase over the sum of 7,342,503,550 disbursed to the beneficiaries in 2018.

The Executive Director, Sabina Idowu-Osehobo disclosed this while reviewing the performance of the LAPO Rural Development Initiative (LARDI), the financial arm of the organisation during the period.

Idowu-Osehobo who restated LAPO’s commitment to addressing the problem of food security in Nigeria through rural agricultural financing attributes LARDI’s outstanding performance over the years to strong institutional strength, staff commitment to excellence and hard work, adding that the organization was ready to maintain its excellent performance trajectory. READ MORE

 

 

 

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