About Us
During 2008 Letshego bought all the shares of Edu-Loan (Namibia), a registered Namibian company since 1997.
Letshego Financial Services Namibia is registered as a micro-lending company, regulated by the Usury Act (Act 73 of 1968) and supervised by the Namibian Financial Institutions Authority (NAMFISA).
The Namibian Government has granted a salary deduction facility to LSFN. A monthly deduction can thus be made directly from the salary of a Government employee.
In 2003 the Government privatized their payroll deduction system and presently a company called AVRIL Payment Solutions (APS) is responsible to maintain the electronic deduction system.
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