The Founder of LAPO Microfinance Bank, one of Nigeria's award-winning microfinance banks, Dr Godwin Ehigiamusoe (Ph.D) has advocated using the TIET business model for young entrepreneurs when making their choice of business, to ensure success in Nigeria's tough business climate.

In a new video in his Entrepreneurship series geared towards educating the next generation of entrepreneurs, the finance guru spoke about how the TIET model can be used for lasting success in business, and also dwells on other topics including passion and profit.

TIET stands for Training, Interest, Experience and Temperament and Dr Ehigiamusoe dwells on how to use these four human skills to build sustainable enterprises.

Watch here:
https://www.youtube.com/watch?v=QYOikSzFhkg

http://Godwinehigiamusoe.com

Gbomu le lantern

So na this man get lapo wet WAn destroy people lives with big interest on small loans

I heard LAPO C.Os are given extensive presentation on how to molest a debtor. I pray that LAPO should be my last alternative out of messed up situation.

If you don't plan your finances well, stories like the ones above abound.

LAPO Microfinance bank has stood the test of harsh economic time. They keep expanding because they solve people's problems.

Hehehehe
Na to run when you hear of LAPO interest rates!

Hmmm

LAPO: Loan sharks

Owo komu le lantern

LAPO should have being a good model for SMEs banks but their reputation doesnt tally with banking solution for the masses and in other hands it wouldn't have survived at all without that reputation because iron fits works best in naija.

My2cent

I remembered when my neighbour dey always run away from LAPO as early as 6 am in the morning, the next plan ,the LAPO come as early as possible around 5am, even before she come out, the woman stay in door and lapo no gree go, dem even chop for door of the woman, na hunger send that woman out by force later

I am yet to c 1 person dat succeeded with there loan

Wow!

Na dis man be dis....

He saved lives of many genuine and real business owners and make profit for himself.

For those castigating LAPO, lending companies abroad do more insane things than what you see LAPO do here, but the only thing is that, those loanees will already be prepared for what is coming their way.
They will be prepared to forfeit their houses and go look for family and friends to stay with till they bounce back again.
They believe agreement is agreement.

zubby29:
I am yet to c 1 person dat succeeded with there loan

.......and is that supposed to be their fault?!
Borrow loans for business and pay it back.
Simple!
Nigerians and their 'dem don kill me finish ooo' mentality sef.

Agreement is Agreement.

You said you needed money/capital for business,
Someone borrowed you the money with a percentage and agreement of when you will pay back, and they never forced you to go ahead with the loans.
You said okay, you agreed.
So what is the problem here?

Later, we go dey hear from una say na d red curtain wey dey one of dem office or the black pen dem dey use in dere offices no let people wey borrow from dem succeed.
Nothing wey person no fit hear for dis our darling country.

Mrlouis:
LAPO don fall some men hand sha

Na borrower wey no wan gree pay back fall dem hands by dem sef......okay?

Evil Inc

Does the present prevailing economic situation favours entrepreneurs in anyway?

Multiple taxation everywhere

Collect LAPO loan to boost your existing & profitable business not for paying your bills, rent, and debts if not, their 4.8% interest rate which is the lowest you can get from any financial institution or microfinance bank will be hard for u to pay back. Use your lapo loan for an existing & growing business not to start a business or spend on things like gadgets, electronics, shoes, clothes & bag or to pay your rent or finance an event. Its as simple as that! Lapo loan is a stimulator & support for a growing & profitable business to expand it to how you have always wanted it.

That's beautiful one.

Everyone suggests what is profitable to them and make it look like it will help others.

Alexgman1:
Collect LAPO loan to boost your existing & profitable business not for paying your bills, rent, and debts if not, their 4.8% interest rate which is the lowest you can get from any financial institution or microfinance bank will be hard for u to pay back. Use your lapo loan for an existing & growing business not to start a business or spend on things like gadgets, electronics, shoes, clothes & bag or to pay your rent or finance an event. Its as simple as that! Lapo loan is a stimulator & support for a growing & profitable business to expand it to how you have always dreamt of or wished.

Well captured.

This founder na Dr??

WTF

Even confim his name too

Weldone sir

Many petty traders have had their businesses going down because of LAPO loans

LAPO will go down the drain like other microfinance banks

b0rn2fuck:
I remembered when my neighbour dey always run away from LAPO as early as 6 am in the morning, the next plan ,the LAPO come as early as possible, even before she come out, the woman stay in door and lapo no gree go, dem even chop for door of the woman, na hunger send that woman out by force later

Alexgman1:
Collect LAPO loan to boost your existing & profitable business not for paying your bills, rent, and debts if not, their 4.8% interest rate which is the lowest you can get from any financial institution or microfinance bank will be hard for u to pay back. Use your lapo loan for an existing & growing business not to start a business or spend on things like gadgets, electronics, shoes, clothes & bag or to pay your rent or finance an event. Its as simple as that! Lapo loan is a stimulator & support for a growing & profitable business to expand it to how you have want it.

shout it louder for the coconut heads in the back.

This LAPO guys are wicked o

Gbọ mu àti gbe pọn le lantern!�

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post=98688117:
Wow!

Na dis man be dis....

He saved lives of many genuine and real business owners and make profit for himself.

For those castigating LAPO, lending companies abroad do more insane things than what you see LAPO do here, but the only thing is that, those ones will already be prepared for what is coming their way.
They believe agreement is agreement.

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