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Lift Above Poverty Organization is incorporated as a company limited by guarantee (non-profit) with the Corporate Affairs Commission of Nigeria under the Companies and Allied Matters Act (1990); RC NO. 214442.
Operating Assumptions
LAPO’s poverty alleviation activities are directed by the following assumptions:
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The poor are too disadvantaged to benefit from existing credit schemes operated by government and formal financial institutions
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The poor are not necessarily lazy
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An improvement in the socio-economic situation of the poor would take place if credit. (from a common pool) is added to support their physical labour and skills.
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Small groups have tremendous influence on cooperating individuals
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Poverty is reinforced by problems such as too large family size, malnutrition, ignorance and disease
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Poor women and children are relatively more neglected.
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