Over P800m saved in Metshelo

A Country Diagnostic Report on financial services called Making Access Possible (MAP) approximates that about 18 percent of Botswana’s 1.3 million adult population participate in Metshelo with an average savings of P3,500 per person per annum.

“About 236,000 people are estimated to partake in Metshelo, which hold P822 million.  Usage of this savings scheme was found to be highest among the informal SME groups,” reads the report, complied by economic consultancy firm, Econsult.