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.

Batlokwa reject Tlokweng expansion plan

Enough is enough – Kgosi Gaborone

CoA dismisses Meswele convicts' appeal against 40-year imprisonment

‘Insurance killer’ case leaves family in ruins

Serowe police probe Mogorosi tragedy

Man found seriously injured by Letlhakane roadside

Traditional doctor found hanging in a tree in Tewane

Pensioner loses P30,000 to KYC phone scam

BPF should get house in order