Letshego Secured MSE Loan (MEGA)

The Letshego Group is a truly African multinational, first opening its doors in Botswana more than 21 years ago by offering loans to government employees. Today the Group has over 3,000 employees comprising more than 21 nationalities, and supports public and private sector individual customers, as well as micro and small entrepreneurs.

Letshego has operations in 11 sub Saharan African markets, including Eswatini, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Tanzania and Uganda. Letshego Holdings Limited (the group holding company) is listed on the Botswana Stock Exchange, with a subsequent listings including a subsidiary listing on the Namibian stock exchange, and bond listings on both the Ghana and Johannesburg Stock exchanges.

Despite economic challenges posed by the pandemic during the course of 2020, the Letshego Group posted over US$100million in profit before tax for the 2020 financial year, growing net assets at 12% year on year. The Bank is regulated by CBN and with number RC 736874.

Benefits

Savings

Competitive interest rates: Letshego offers a savings account with an interest rate of up to 5% per annum, which is higher than the average interest rate offered by other banks in Nigeria. By opening a savings account with Letshego, you can earn more interest on your deposits and grow your savings faster.

Low minimum deposit requirements: With Letshego, you can open a savings account with as little as N1,000, making it easy to get started on your savings journey even if you don't have a lot of money to spare.

Security: Your funds are always held securely when you open a savings account with Letshego. Letshego uses advanced technology to protect customer deposits, including encryption and other security measures. This helps to prevent unauthorized access to customer accounts and protect customer deposits from theft or fraud.

Customer Service: Letshego places a strong emphasis on providing excellent customer service. The bank has trained professionals available 24/7 to answer questions, help, or address any concerns you may have. This personalized customer service sets Letshego apart from other banks and ensures that customers feel valued and supported.

Benefits

Loans

• Convenient access to funds for immediate needs (e.g., medical expenses) 
• Flexibility in choosing a repayment schedule to align with specific financial goals. 
• No collateral required, making it accessible to individuals without substantial assets. 
• Streamlined application process, saving time, and reducing paperwork.. 
• Dedicated customer support throughout the loan process for personalized assistance. 

Read the Letshego Review here.

Further details:

• Age Limit-Salary earner- 18 to 60 years, Business loan - 18 to 70 years.
• Profession not open to our loans- Military, Police, Lawyers, POS Operators, Contraband business.
• Employment Status-Full Staff- (must be confirmed) we don’t give causal workers loans.
• Business Age-we don’t finance start up business.
• Salary Mode- Salary earners must receive their salaries via bank account (We do not give loans to employees paid by cash).
• Location- Lagos State, Oyo state, Cross rivers, Abuja.