MBN Financial Services
in Lesotho 🇱🇸
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About MBN Financial Services in Lesotho
MBN Financial Services is a microfinance institution operating in Lesotho, providing credit services to underserved communities. The institution is based in Maseru, the capital city of Lesotho, and is registered with the Central Bank of Lesotho as part of the country's regulated microfinance sector. MBN Financial Services focuses on addressing the significant credit access gap in Lesotho, where approximately 90% of businesses are micro, small, and medium enterprises (MSMEs), and only a small fraction have access to formal financing.
As a credit-only microfinance institution, MBN Financial Services specializes in providing loans to individuals and small businesses who typically cannot meet the stringent collateral requirements of traditional commercial banks.