LAPO: We disbursed N12 billion to rural farmers, SMEs in 202

LAPO: We disbursed N12 billion to rural farmers, SMEs in 2020


TODAY
February 5, 2021
The Lift Above Poverty Organisation (LAPO), says it disbursed N12.2 billion as loans to 152,446 rural farmers and owners of Small and Medium Scale Enterprises (SMEs) in 2020.
Honestus Obadiora, the Acting Executive Director of the organisation said this while reviewing the 2020 performance report of LAPO Rural Development Initiative (LARDI) in Benin on Friday.
Mr. Obadiora said the financial support was to improve the rural economy and food security in the country.
He said the loans were disbursed in 253 LARDI branches across 21 states during the period under review.
“We were able to achieve this in spite of the pandemic, we are committed to sustaining this financial support through our development plan to open more branches and reach more clients,’’ Mr. Obadiora said.

Related Keywords

Benin , Honestus Obadiora , Medium Scale Enterprises Smes , Rural Development Initiative , Poverty Organisation , Lift Above Poverty Organisation , Medium Scale Enterprises , Acting Executive Director , Development Initiative , பெனின் , நடுத்தர அளவு நிறுவனங்கள் ஸ்மெஸ் , கிராமப்புற வளர்ச்சி முயற்சி , பாவர்டீ ஆர்கநைஸேஶந் , தூக்கு பாவர்டீ ஆர்கநைஸேஶந் , நடுத்தர அளவு நிறுவனங்கள் , நடிப்பு நிர்வாகி இயக்குனர் , வளர்ச்சி முயற்சி ,

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