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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
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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