Improving Life
Improving Life through inclusive finance 1 2 3 Preface Letshego Holdings Limited (“Letshego”) was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange since 2002. Today it is one of Botswana’s largest indigenous groups, with a market capitalisation of approximately USD500mn, placing Contents it in the top 50 listed sub-Sahara African companies (ex-South Africa), with an agenda focused on inclusive finance. Through its eleven country presence across Southern, East and West Africa (Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania and Uganda), Preface 5 its subsidiaries provide simple, appropriate and accessible consumer and micro-finance banking solutions to the financially under-served in a sustainable manner. Letshego Group Structure 6 At Letshego, we are intent on operating a profitable business on a sustainable basis and we are committed to contributing to Our Business – Our Letshego 8 Africa’s growth and prosperity, as well as to improving the lives of our customers. Letshego’s vision is to become Africa’s leading inclusive finance group. Our inclusive finance solutions 9 In 2016, we have launched our customer engagement initiative, the Improving Life Campaign. For the duration of this campaign, we asked our customers to share their stories by telling us how Our history and milestones 10 they have used their loans productively. Prizes were awarded to the customers that had used their loans wisely, that is, generated income for their family while being able to service the loan and Our social impact 12 most of all, impacted society and left the community a better place than they had found it.
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