Bringing financial services to 300,000 people
How Nigerian microfinance institution LARDI grew its client base elevenfold with Oradian.
11x
client-base growth since joining Oradian
360,000
customers financially included by 2023
25
branches supported with cloud operations
Customer
LAPO Agricultural and Rural Development Initiative (LARDI)
Country
Nigeria
Sector
Microfinance institution
Use case
Rural microfinance growth
Background
LARDI is a subsidiary of LAPO, Nigeria's largest microfinance bank, focused on agricultural and rural communities without access to finance.
Challenge
Before Oradian, LARDI faced high growth costs, limited access to real-time information, slow manual reporting, frequent errors, and time-consuming repayment calculations.
Impact
With Oradian's cloud core, LARDI reduced operating costs, improved data accuracy, gained real-time visibility, and expanded financial inclusion from 30,000 customers to 360,000.
Highlights
- Elevenfold growth
- Real-time branch visibility
- Automated daily calculations
- More accurate data collection
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