The internet has been a very great support to humans, and the need for a stable internet connection is very essential to people, especially when you need to do something urgently online, and this is one of the biggest challenges network providers are facing, as they can’t provide a 100% all-time network solution without having breaks.
This is the reason why so many microfinance and loan applications are joining the competition with local banks by having an offline method for their customers to reach them and have access to their major services without an internet connection, and one of them is LAPO.
Are you looking for the fastest way to get a loan from LAPO in your own comfort? In this article we’ve discussed in detail how you can easily access LAPO with the USSD code without the need for an internet connection.
As a Nigerian citizen, one of the fastest ways to help yourself in times of need is getting a fast loan, and LAPO has been very great for years in this aspect, helping and supporting people.
LAPO Microfinance Bank (MFB) was established in 1987 and headquartered in Lagos, focused on promoting financial inclusion for low-income individuals, small traders, and micro-enterprises across Nigeria.
Some of their major services include:
- Microloans: Quick loans for small businesses and petty traders.
- Savings Accounts: Options for disciplined savings and growth. USSD Banking: Perform transactions like loan applications, balance checks, and transfers directly from your phone.
- Agency Banking & Mobile App: Convenient access via authorized agents and a mobile app for payments, transfers, and airtime purchases.
As of the time of this writing, LAPO has over ₦1.4 trillion in microcredit disbursed since inception, and they are very active on social media platforms, with an 88% customer recommendation rate on Facebook.
Step-by-Step Guide to Apply for LAPO Loan Using USSD
This is the simple step-by-step procedure to get an LAPO loan right from your mobile phone.
- Step 1: Dial the USSD code (*371#).
- Step 2: Select “Apply” from the menu.
- Step 3: Enter the required information safely.
- Step 4: Continue to accept the regulations
- Step 5: Wait for the confirmation message.
Common LAPO USSD Issues & How to Fix Them
Using the LAPO USSD code is one of the fastest methods to reach them and access your preferred loan options. By applying for the loan using USSD, you can encounter one of these errors, and we’ve talked in detail about how you can get rid of the errors.
1. Banking Services Unavailable:
This is one of the major issues people face while trying to get a LAPO loan, especially on weekends. If you’re trying to use the LAPO USSD Code and you’re seeing an error that says “Banking services temporarily unavailable,” Please try again later.”
That’s a banking service error, and to solve this problem, you will need to hold on and wait for some minutes or hours for LAPO to restore their USSD services.
2. Incorrect Pin:
For this one, you can easily sort this yourself, and all you need is to change your LAPO, and you will be able to use the USSD service excellently.
3. Incorrect Information: When using the USSD version, you should make sure that your inputs are right to avoid such errors. If after everything you are not able to use the USSD core, you can use their mobile app or nearby office.
FAQ
Q1: What is the LAPO USSD code for checking balance?
The USSD code for checking your LAPO MFB balance is *371#. Dial it from your registered phone number and follow the prompts to apply for a loan.
Q2: Can I apply for a loan without internet?
Yes! LAPO USSD banking works offline, so you don’t need an internet connection. This is perfect during network outages or when you want a quick loan without using data.
Q3: Is USSD safe for transactions in Nigeria?
Yes, USSD is safe if you keep your PIN secure and avoid sharing your phone with others. Always follow the official prompts and double-check transaction details before confirming.
Q4: What to do if my USSD code isn’t working?
If you encounter errors like “Banking services temporarily unavailable,” wait a few minutes and try again. If issues persist, you can use the LAPO mobile app or visit a nearby branch for assistance.
Conclusion
Checking your LAPO MFB balance and applying for loans is now faster and easier with the USSD code. Just dial *371#, follow the steps, and manage your finances without internet or stress.
Don’t wait, try it now and experience seamless banking on your phone. Stay in control of your money and enjoy the convenience LAPO offers every day!
