BENIN CITY – LAPO Microfinance Bank Limited, (LMFB) a subsidiary of Lift Above Poverty Organisation (LAPO), at the weekend organized Scholarship Ballot Exercise for 750 Secondary School Students, who are children of LAPO Clients nationwide, even as 59 of such students were given the scholarship slots in Benin region.
Welcoming guests at the event, Director, Corporate Affairs Services, LMFB, Moses Ehigiamusoe representing the Managing Director, LAPO, Dr. Godwin Ehigiamusoe, explained that Balloting for scholarship was organised to ensure transparency in the system, adding that LAPO supports children of clients through credit and scholarship to secure the future of indigent ones amongst them.
In Benin region, 40 slots were allocated to children of clients, while 15 slots went to LARDI clients and 4 slots given to Council leaders.
Earlier in her remarks, chairperson of LAPO Scholarship Board, Prof. Christiana Okojie, represented by a member of the Board, Grace Osakue, asserted that so far, a total of 5,039 students have been offered scholarship at both secondary and university levels.
The University don, however, urged clients to continue to encourage the Board and Management to continue to do what they have been doing in the best interest of the clients.
Also speaking, Director of Operatiions, LAPO, Mr. Osadebamwen Elijah advised clients to ultilise the scholarship funds judiciously and urged the direct beneficiaries to reciprocate LAPO’s kind gesture with dedication to their studies.
Highpoint of the programme was the selection of lucky beneficiaries through balloting.
