By Seleoe Nonyane
Letshego Financial Services Lesotho has introduced a campaign aimed at providing financial relief and convenience for its customers.
The LetsGo & Win campaign launched last week rewards customers for consolidating their loans and is aligned with Letshego Lesotho’s vision to offer competitive product offerings that cater to the evolving needs of its customers.
The campaign ends on November 8 2023.
The innovative campaign aims to help individuals streamline their debt management while benefiting from reduced interest rates.
Debt consolidation can help customers get a lower monthly payment, pay off their debt sooner, increase their credit score and simplify their financial life.
Letshego head of sales distribution, products and marketing Motebang Moeketsi said by consolidating loans, customers can secure lower overall interest rates compared to the cumulative rates of their individual loans.
He said this not only saves money but also shortens the overall repayment period, allowing borrowers to become debt-free sooner.
He advised that managing loans can often be overwhelming, with varying interest rates, due dates and terms.
“The campaign addresses this challenge by combining multiple loans into a single, easy-to-manage repayment plan.
“This simplification not only eases the financial burden on borrowers but also potentially leads to significant savings over time,” Moeketsi said.
The campaign invites customers to consolidate their loans into one low and easy repayment with reduced rates and stand a chance to win weekly and monthly cash prizes of up to M150 000.
Weekly cash prizes of up to M10 000 will be won by lucky customers, randomly selected and notified through Letshego Radio Shows.
In addition, two lucky customers will be randomly selected each month and given a chance to spin the wheel of fortune with a chance to receive a maximum of M20 000 each.
Letshego is committed to increasing financial inclusion, promoting financial literacy and delivering positive social impacts for its customers and communities.
Its mandate is to improve the lives of Basotho and the LetsGo & Win campaign is aligned with this mandate.
For his part, the Letshego sales and distribution leader, Thabang Mapena, said as one of the leading financial providers in the country with a 10-year experience they have observed and understand the challenges that customers face when they have various debts.
Therefore, the campaign is designed to give these customers peace of mind when dealing with payments.
He noted that dealing with one financial supplier is better compared to dealing with two or more as it allows for easier negotiating terms.
