Lapo Microfinance Financial institution has rewarded its prospects with money prizes in its raffle draw promo.

In the course of the stay draw that came about at its head workplace in Lagos, Lapo mentioned it organised the occasion to encourage financial savings tradition amongst Nigerians.

On the promo, 170 winners obtained comfort prizes, and N500,000 was received by the star winner.

Talking on the occasion, the Head, Company Planning Division, Lapo, Dorcas Thorpe mentioned, it needed the purchasers to financial institution with it.

She mentioned, “For the purchasers, they might fairly go to industrial banks to save lots of and are available to microfinance banks to gather loans. So we needed to alter the notion that we’re not only for credit score, however we’re additionally a financial institution and supply completely different monetary providers.

“That’s the reason we wish to use the promo to push financial savings tradition amongst our prospects and the general public usually.”

In accordance with her, financial savings construct resilience for the low earnings earners to fall again on when it comes to emergencies.

Thorpe added, “From the winners, we wish individuals to know there’s profit in financial savings and we wish individuals to know that Lapo is a model that has been there for greater than 30 years.

“The quantity you save with us is yours and the profit is yours.”

She mentioned Lapo launched the financial savings promo in November 2022 to run for 3 months, and the promo inspired the purchasers to open a Lapo Financial savings Specific account, and save a minimal of N10,000 month-to-month for 3 months to be one of many luck winners.

During the last couple of months, she mentioned, 43,000 new accounts joined and there had been mobilisation of over N160m.

The star winner from a Yola department, Sherifat Haruna, who sells foodstuff, plastic rubber and different supply gadgets, expressed her delight.