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Lift Above Poverty Organization
LAPO is a Nigerian organisation with a microfinance bank dedicated to self-employment through microfinance and an NGO, a non-governmental, non-profit community development organization focused on the empowerment of the poor and the vulnerable. LAPO focuses on assisting the poor, especially the women, in raising their socio-economic statuses. It not only acts as a microcredit institution, but also assists clients in overcoming problems beyond the lack of funds(Business capital), such as illiteracy and environmental degradation (which often aggravates poverty). Moreover, it aims to enhance leadership skills, literacy status and political participation among poor women. It empowers women by providing opportunities for them to learn income generating skills such as sewing, food processing and soap making. History In 1987, the Lift Above Poverty Organization (LAPO) started as a non-profit entity at Ogwashi-Uku in present-day Delta State. The Institution was established as a Non-Gover ...
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LAPO Official Logo
Lapo may refer to: People Surname * Arnolfo di Lapo * Yahor Lapo (born 1982), modern pentathlete from Belarus Given name * Lapo De Carlo (born 1968), Italian sports journalist and presenter * Lapo Elkann (born 1977), Italian businessman * Lapo Gianni (died after 1328), Italian poet * Lapo Pistelli (born 1964), Italian politician * Lapo da Castiglionchio (1316–1381) Other * Lift Above Poverty Organization LAPO is a Nigerian organisation with a microfinance bank dedicated to self-employment through microfinance and an NGO, a non-governmental, non-profit community development organization focused on the empowerment of the poor and the vulnerable. L ...
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Microfinance
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings account, savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanism ...
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Environmental Degradation
Environmental degradation is the deterioration of the environment through depletion of resources such as quality of air, water and soil; the destruction of ecosystems; habitat destruction; the extinction of wildlife; and pollution. It is defined as any change or disturbance to the environment perceived to be deleterious or undesirable. Environmental concerns can be defined as the negative effects of any human activity on the environment. The biological as well as the physical features of the environment are included. Some of the primary environmental challenges that are causing great worry are air pollution, water pollution, natural environment pollution, rubbish pollution, and so o Environmental degradation is one of the ten threats officially cautioned by the High-level Panel on Threats, Challenges and Change, high-level PaneI on Threats, Challenges and Change of the United Nations. The United Nations International Strategy for Disaster Reduction defines environmental d ...
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Ogwashi-Uku
Ogwashi Ukwu, sometimes spelt as Ogwashi-Uku, is an Igbo town in Delta State, Nigeria. Located west of the state capital Asaba, and is the headquarters for the Local Government Area, Aniocha South. The population of Ogwashi-Ukwu is about 50,234.. However, its number has increased vastly and keeps increasing. It is one of the Anioma region of Delta State which is home to the Igbo-speaking people of Delta State. Its natives are the Enuani people, who are predominantly farmers and fishers. The villages in Ogwashi-Ukwu include Ikelike (the original inhabitants), Umu Dei, Azungwu, Agidiase, Agidiehe, Ogbe Akwu, Ishekpe, Ogbe Onicha, Ogbe Ubu, Ogbe Ani and Umu-okwe. Landmarks * Jay Jay Okocha Stadium * Ogwashi-Ukwubr>Post Office *Ukwu Orji at Ogbeofu, *Ihu Ngwu at Azungwu *Abu Ano Market at Ishekpe and *Ogwashi-Ukwu Carnival (Ineh Festival) *Kwale junction *Agidiase *Hausa Quarters - It had beautiful well-kept lawns and gardens maintained by prisoners under the watch of warders. ...
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Godwin Ehigiamusoe
Godwin is an English-language surname with Anglo-Saxon origins. It means ''God's friend'' and is thus equivalent to Theophilus, Jedediah, Amadeus and Reuel. .However, the word "Godwin" can also mean "helper of mankind" People Politics and governance * Abraham Godwin (1763–1835), New Jersey General Assembly 1802–1806, Elector for Andrew Jackson 1828 * Abraham Godwin Jr. (1791–1849), New Jersey General Assembly 1821–1832, took vote to D.C. for Presidential Election 1840 * Godwin, Earl of Wessex (died 1053), earl in England under the Danish king Cnut the Great * Hannibal Lafayette Godwin (1873–1929), North Carolina Congressman * Mary Wollstonecraft, later Mary Godwin (1759–1797), English author of ''A Vindication of the Rights of Woman'' * Mills E. Godwin Jr. (1914–1999), Governor of Virginia * Richard Godwin (1922–2005), First Under Secretary of Defense for Acquisition, Technology and Logistics * William Godwin (1756–1836), English political philosopher Religion * ...
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Structural Adjustment
Structural adjustment programs (SAPs) consist of loans (structural adjustment loans; SALs) provided by the International Monetary Fund (IMF) and the World Bank (WB) to countries that experience economic crises. Their purpose is to adjust the country's economic structure, improve international competitiveness, and restore its balance of payments. The IMF and World Bank (two Bretton Woods institutions) require borrowing countries to implement certain policies in order to obtain new loans (or to lower interest rates on existing ones). These policies are typically centered around increased privatization, liberalizing trade and foreign investment, and balancing government deficit. The conditionality clauses attached to the loans have been criticized because of their effects on the social sector. SAPs are created with the stated goal of reducing the borrowing country's fiscal imbalances in the short and medium term or in order to adjust the economy to long-term growth. By requiring ...
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Ford Foundation
The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death of the two founders, the foundation owned 90% of the non-voting shares of the Ford Motor Company. (The Ford family retained the voting shares.) Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company. Ahead of the foundation selling its Ford Motor Company holdings, in 1949, Henry Ford II created the , a separate corporate foundation that to this day serves as the philanthropic arm of the Ford Motor Company and is not associated with the foundation. The Ford Foundation makes grants through its headquarters and ten international field offices. For many years, the foundation's financial endowment was the largest private endowment in the world; it remains among the wealth ...
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Corporate Affairs Commission
Corporate Affairs Commission is a body of the Nigerian Government responsible for the regulation and management of companies in Nigeria. It was introduced in 1990 with the passing of the Companies and Allied Matters Act. It is headed by a chairman and closely assisted by the Registrar General/ CEO. The current chairman is Hon Ademola Seriki. Her headquarters is located in Plot 420, Tigris Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja. Nigeria. Other prominent offices of the board of CAC includes Manufacturer Association of Nigeria, Institute of Chartered Accountants of Nigeria (ICAN), Nigerian Bar Association, Securities and Exchange Commission, Federal Ministry of Trade and Investment Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or ..., Nigerian Association of Chamber of Comme ...
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Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the List of countries and dependencies by population density, most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and list of cities and towns in Bangladesh, largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali language, Bengali, one of the easternmost branches of the Indo-Europe ...
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Grameen Bank
Grameen Bank ( bn, গ্রামীণ ব্যাংক) is a microfinance organisation and community development bank founded in Bangladesh. It makes small loans (known as microcredit or "grameencredit") to the impoverished without requiring collateral. Grameen Bank originated in 1976, in the work of Professor Muhammad Yunus at University of Chittagong, who launched a research project to study how to design a credit delivery system to provide banking services to the rural poor. In October 1983 the Grameen Bank was authorised by national legislation to operate as an independent bank. The bank grew significantly between 2003 and 2007. As of January 2011, the total borrowers of the bank number 8.4 million, and 97% of those are women. In 1998 the Bank's "Low-cost Housing Program" won a World Habitat Award. In 2006, the bank and its founder, Muhammad Yunus, were jointly awarded the Nobel Peace Prize. History Muhammad Yunus was inspired during the Bangladesh famin ...
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Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country, promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky regulatory waters. After the end of imperial rule the desire of the government to become pro-active in the development of the economy became visible especially after the end of the Nigerian civil war, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its original i ...
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