Debt Recovery Agency Rehabilitates Indebted Batswana

Monday, May 28, 2018

Over the years it has become apparent that Batswana are highly in debt. The latest statistics from Bank of Botswana indicate that as of January 2018 the country's household debt has reached an all-time high of $3.4 billion (P33.7 billion).

An entrepreneur with a legal and finance background, Elliot Moshoke saw it as an opportunity to start a debt recovery company called Real Debt Recovery, which helps corporates recover their debts and offers rehabilitation to the debtors.

“Passion drove me to start this company about 16 years ago because I realised that people struggled to collect debt and mostly do not have sufficient time to focus on them, hence the reason why I decided that I can intervene and do that on their behalf,” he said.

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Debt Recovery Agency Rehabilitates Indebted Batswana

Over the years it has become apparent that Batswana are highly in debt. The latest statistics from Bank of Botswana indicate that as of January 2018 the country's household debt has reached an all-time high of $3.4 billion (P33.7 billion).