Letlama Microfinance
in Lesotho 🇱🇸
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About Letlama Microfinance in Lesotho
Letlama Microfinance is a microfinance institution operating in Lesotho, providing financial services to underserved individuals and micro, small, and medium enterprises (MSMEs). As part of Lesotho's formal non-bank financial services sector, the institution serves clients who typically lack access to traditional banking services due to factors such as low or unstable income, limited collateral, or lack of formal credit history.
The institution is registered with the Central Bank of Lesotho, which oversees and regulates microfinance institutions in the country. Letlama Microfinance contributes to Lesotho's financial inclusion landscape, where 48% of the population relies on formal non-bank financial service providers for their financial needs.