MJM Financial Services Ltd
in Lesotho 🇱🇸
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About MJM Financial Services Ltd in Lesotho
MJM Financial Services Ltd is a microfinance institution operating in Lesotho. The institution is registered with the Central Bank of Lesotho as a credit-only microfinance provider serving individuals and small businesses in the country. As part of Lesotho's broader microfinance sector, MJM Financial Services Ltd focuses on providing accessible financial solutions to segments of the population that may have limited access to traditional banking services.
Lesotho's microfinance industry plays a critical role in promoting financial inclusion, with over 90% of businesses in the country being MSMEs (Micro, Small, and Medium Enterprises). MJM Financial Services Ltd operates within this ecosystem to bridge the financing gap for entrepreneurs and individuals who often face stringent collateral requirements from commercial banks.