Bayport Botswana Co-founder Dies

Segomotso Masukula who perished in a car crash a day before the celebrations is praised as the co-founder of the multi-million company along with  the executive chairman Father Maphongo.  It was a bitter sweet moment for the company that was also celebrating the awarding of   the Global Campaign’s Smart certificate, the only micro-lender in Africa  to have been accredited with the certificate.

Father Maphongo relieved the early days with Masukula when they founded the company then known as Money Quest, with a half a million loan facility from CEDA as well as their personal savings,  back in 2005. Maphongo says their breakthrough started when they secured a deduction code. Maphongo says the value of the deduction code would later attract investors  Bay Port, giving birth to  a business partnership in 2010.