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HomeBusiness & EconomyLetshego Lesotho becomes first microfinance institution to offer savings and investment products

Letshego Lesotho becomes first microfinance institution to offer savings and investment products

Letshego Financial Services Lesotho has launched three savings and investment products, becoming the first microfinance institution in the country to offer customers the opportunity to save and invest alongside accessing credit.

By Staff Reporter  |  Lesotho Tribune

Letshego Financial Services Lesotho launched its Savings and Investment product range in Maseru on 3 June 2026, marking what the company described as a strategic shift from its origins as a credit-only provider to a broader financial services partner for individuals and micro-entrepreneurs.

The new offering comprises three products: LetsGo SaveSmart, LetsGo Flex, and LetsGo Fixed. All three are available to individuals and businesses, carry a minimum deposit of M50.00 (approx. USD 2.98) and require a minimum term of three months. The company said the products were designed to offer competitive returns while remaining accessible to underserved segments of the population.

Letshego Lesotho, which began operations in September 2012 and has grown to more than 7,500 customers, said the launch aligned with national priorities to promote a savings culture and strengthen economic participation. Products will be available through branches in Maseru, Leribe, Butha-Buthe, Mafeteng, and Mohale’s Hoek, as well as through digital channels including a Digital Mall, WhatsApp, and USSD.

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“True financial inclusion is achieved when people have the tools to both access and grow their money.” — Selloane Tsike, Chief Executive, Letshego Financial Services Lesotho

Selloane Tsike, Chief Executive of Letshego Financial Services Lesotho, said the launch represented a turning point for the organisation. She said many Basotho had historically been limited to borrowing when engaging with formal financial services, and that the new products would give customers the means to build assets, plan for future goals such as education, home ownership, and retirement, and strengthen their financial resilience.

New savings and investment products

Product Description Min. deposit
LetsGo SaveSmart Flexible savings for individuals and businesses M50.00
LetsGo Flex Accessible savings with flexible terms M50.00
LetsGo Fixed Fixed-term investment; minimum 3-month term M50.00

Source: Letshego Financial Services Lesotho. Minimum deposit equivalent to approx. USD 2.98 at current rates.

Letshego Financial Services Lesotho said customers could visit any branch or its digital platforms to find out more. Further information is available at letshego.com/lesotho.

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