LAPO Microfinance Bank Limited (LAPO MfB) a premium microfinance institution is committed to its mandate of social and economic empowerment of members of low-income households through its responsive products and financial services has dashed out gifts to savers in the just concluded My Pikin & I Save and Win Promo.
My Pikin & I savings (MPI) account is a carefully researched product designed to provide a simple savings platform with very low entry requirements to help inculcate savings culture and greater financial inclusion for members of low-income households, small business owners, parents, and guardians. Savers can open an account with as low as N200 and stand the chance of enjoying huge benefits such as one-year free insurance cover, scholarship, and interest earnings on savings.
Speaking to the media at the My Pikin & I promo raffle event, which was held in Lagos, Oluremi Akande, Head, Communications said, “the objective of the promo was to encourage better savings culture/discipline among low-income earners, build sustainable wealth and to increase financial inclusion”. Over 11,000 new accounts were opened during the 3 months promo; an indication that LAPO MfB is a trusted and preferred destination for savings. The star prize of a Tricycle was won by our client in the North-East zone, while the runner-up and other consolation prizes such as Deep Freezers, 5KVA generators, and Blenders are won by participants from various parts of the country”
In attendance: Genevive Nwaochei, National Lottery Commission, Simisola Muniru, Lagos State Lotteries and Gaming Agency, LAPO MPI Clients, members of the press, Management and Staff of LAPO MFB who monitored the raffle draw proceedings.
LAPO MfB will continue to promote its savings products for greater adoption as a means of economic empowerment and financial inclusion, especially, to members of low-income households and owners of small and medium enterprises in a sustainable manner.
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