Spark+ | LAPO Microfinance Company (SL) Limited

LAPO Microfinance Company (SL) Limited

Microfinance institution in Sierra Leone that offers consumer credit for clean cooking solutions

TECHNOLOGY AND BUSINESS MODEL

Consumer finance provider for clean cooking solutions

COUNTRIES OF OPERATION

Sierra Leone

E&S RISK CLASSIFICATION

FI-3 - Low Risk

SPARK+ INVESTMENT

$0.5 million senior unsecured debt investment

USE OF PROCEEDS

Capital for on-lending to consumers for the purchase of clean cooking solutions

WEBSITE

https://lapo-sl.org/

LAPO Microfinance Company (SL) Limited is a deposit-taking microfinance institution incorporated in Sierra Leone in October 2008. The MFI offers various microfinance services including microloans, savings, and financial education. The MFI's target market is low-income individuals engaged in micro, and small businesses in rural and urban areas. In addition, it has a focus on women's empowerment and social impact.