Letshego loan book reaches P5bn

Friday, September 26, 2014

Letshego Holdings’ loan book jumped 31 percent to breach the P5 billion mark in the six months period ended 31 July 2014 on the back strong advances growth in three of the 10 countries the microlender operates in.

Letshego managing director, Chris Low, said the most contributions to the growth in advances are Botswana, Mozambique and Namibia. Letshego operates in 10 southern and east African countries including Tanzania, Kenya, South Sudan, Uganda, Rwanda, Swaziland, Tanzania, Kenya and Lesotho.

In the period, the group’s profit before tax increased buys 11 percent to P508 million.

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Letshego loan book reaches P5bn

Letshego Holdings’ loan book jumped 31 percent to breach the P5 billion mark in the six months period ended 31 July 2014 on the back strong advances growth in three of the 10 countries the microlender operates in.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!