Background on Letshego's Expansion Strategy
Letshego Holdings Namibia (LHN) commenced operations in 2002 under the name
Edu Loan Namibia, initially focusing on providing consumer and micro-lending
services. Since then, LHN has transitioned its focus towards delivering financially
inclusive solutions to underserved low to middle-income earners across both public
and private sectors. Additionally, it has extended support to Micro and Small
Entrepreneurs (MSE) through innovative models like deduction at source and various
access channels.
To bolster its operational capacity and cater to the growing demands of its customer
base, Letshego Holdings Namibia has been actively expanding its workforce across
its subsidiaries. This strategic expansion not only aligns with the company's growth
objectives but also contributes to mitigating unemployment challenges within Namibia.
In their Strategic plan, launched in 2020 and currently in its fourth year, they aim to
enhance operational efficiency and diversify its range of offerings.
Letshego planned appointments, are set on emphasising the strategic moves aligned
with the company's growth ambitions outlined in its ongoing five-year transformation
journey. The expanded workforce is seen as a catalyst that will propel Letshego to
deliver a robust customer experience and emphasize the value of financial inclusion.
Prospective candidates who resonate with values such as integrity, customer-
. centricity, and innovation are encouraged to explore career opportunities within
Letshego Bank Namibia and Letshego Micro Financial Services Namibia.
Remaining steadfast in its commitment to strengthening internal capacities for
sustained business expansion and cementing its foothold in the market, Letshego
Holdings Namibia emphasises its dedication to contributing to the economic landscape
of the country through strategic growth and fostering financial inclusion.
Adapted from Windhoek Expressed dated 18 January 2024
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