Mmegi

Letshego secures £15m senior loan

Letshego-Proparco Partnership signing 65
Letshego-Proparco Partnership signing 65

Homegrown microlender, Letshego Botswana, has secured a senior loan deal worth £15 million (P257 million) with Proparco aimed at achieving the Sustainable Development Goals (SDG).

Proparco is a development finance institution owned by the French Development Agency and private shareholders from across the globe.

The £15 million deal is expected to support Letshego's quest to improve more lives with inclusive finance products across Botswana.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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