About Letshego Mozambique

Letshego Mozambique was opened in 2011 as a subsidiary of Letshego Holdings Limited (LHL), a pan-African financial services group that is headquartered in Gaborone, Botswana. It is a licensed micro – finance bank, with current, savings and fixed deposit accounts available for customers. In April 2016, Letshego Mozambique was licensed as a principal MasterCard issuer, which enables us to engage in card issuance, ATM services and a wide range of payment value-adding services offered by MasterCard. These include financial literacy interventions, remittance solutions, and contactless technology, bringing additional value to existing customers and creating a broader offering to low and middle-income earners.

Today we assist over 67,000 borrowing customers and over 3,000 savers across all provinces in Mozambique and market research has indicated that over 70% of Letshego customers surveyed report using their credit for productive purposes (housing, education, insurance or business development). We are developing broader-based solutions in the agri-business, education, health, housing, and micro-/small-enterprise sectors of the economy, through delivery platforms that include card systems, agency banking networks and mobile interventions to better serve these customers.