Local micro-financier sustains Africa march

Financial services concern Micro- Provident Botswana, commonly known as Letshego, plans to spread its wings to more African countries.

The company, which celebrates its 10th anniversary this year, already has footprints in Swaziland, Tanzania, Uganda and Zambia. Letshego says in discussions it has targeted three more countries to set-up operations. Already, negotiations are at an advanced stage in the three countries to set up branches. "The company's formation in 1998 was inspired by the will to give ordinary citizens the tools they need to lift themselves from poverty and economic challenges by providing opportunities through consumer lending and other financial services aimed at helping Letshego clients to reap the rewards of their own potential," a statement from the company says.

Since its formation in September 1998, Letshego, has experienced rapid growth and evolved from being just a consumer lending entity to a fully-fledged financial services company. Over the years, it has introduced innovative products and services which include legal insurance, funeral insurance, Letshego Loan, personal development Thuto Loan, No deposit Vehicle Finance and the Executive Loan.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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