Letshego, Econet join forces in new service


Mamohlakola Letuka

LETSHEGO Financial Services Lesotho Limited has partnered with Econet Telecom Lesotho to introduce the ‘rent a chair’ service which will see the former offer financial services to clients at three Econet shops in Maseru.

This service will enable Letshego agents will be located in Econet shops at the Bus Stop, Pioneer Mall and LNDC offices.

It will be extended to more Econet shops early next year.

Letshego Lesotho Chief Executive Officer (CEO), Yandwe Sikazwe-Mothae, said they were committed to providing efficient financial solutions to benefit Basotho.

“Bringing and inclusive financial solutions remains a priority for Letshego,” Ms Sikazwe-Mothae said, adding the partnership marked yet another milestone in providing accessible services ever since the firm began operating in Lesotho.

Letshego Lesotho has been in operation since September 2012, as a credit-only licensed financial services provider, providing a range of financial products and services targeting the low to middle income segments of the population.

Ms Sikazwe-Mothae further said Letshego was committed to improving the lives of individuals through partnerships with like-minded businesses.

“We care for our customers and their mode of making money, hence we gave away a mobile kitchen mid-year.

“We are developing additional solutions that meet the broader needs of our customers including for education, housing and micro or small businesses.”

For his part, Econet CEO, Leon de Fleuriot said the country faced financial literacy challenges, adding, Letshego were ideal partners in adding value to Econet’s customers.

“These kind of partnerships are necessary in driving innovation in the country,” Mr Fleuriot said adding that they are in process to expand their foot prints in the country, especially in remote areas with a goal to impact lives.

“We are looking forward to building on an extending the benefit of our partnership going forward.”

Currently Econet Lesotho has 16 branches across the country.

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