Letshego Financial Services Botswana

Letshego Financial Services Botswana (LFSB), also Letshego Botswana, is a microfinance financial institution in Botswana. It is a 100% subsidiary of Letshego Holdings Limited, a holding company, with subsidiaries in over 10 African countries and whose stock is listed on the Botswana Stock Exchange.^[2] The headquarters of the institution are located in Gaborone, Botswana's capital and largest city. The company maintains about a dozen branches in the country's major urban centers.^[3]

The institution began operations in March 1998, as Micro Provident Botswana Limited. At that time, the MFI focused on providing unsecured loans to fully employed clients.^[4] In 2002, the company was listed on the BSE, through a successful IPO. The funds from this IPO were utihttps://www.letshego.com/letshego-takes-over-afb-ghana-plclized to expand the group regionally. In 2008, the company adopted the Letshego brand as its official name.^[4]

LFSB is a member of the Letshego Group and in 2015 contributed in excess of 40% to group assets and profits. In addition to lending to individuals who are formally employed in the Government, parastatal and private sectors, the company have started advancing loans to miners. A mortgage product is in development.^[1][3]

• List of banks in Botswana
• Economy of Botswana
• List of companies of Botswana