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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
Two-tier education system demands action

Whilst we join Botswana Sectors of Educators Trade Union (BOSETU) and other stakeholders in commending the rise in top grades, a testament to the unwavering effort of many teachers and pupils, this progress is fundamentally shadowed by a failing that shames our society. The stark, persistent urban-rural divide is not just a statistic, but an active betrayal of thousands of young Batswana.The figures are a damning indictment. When pass rates in...

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