By Thandiwe Kubere
Letshego Lesotho awarded two of its clients who got selected for the recently launched, monthly draw of the LetsGo campaign. The total budget for the draw was M80, 000, where each client, depending on their luck while spinning the wheel, would get a cash prize ranging from M5000 to M40 000.
Having multitudes drooling over thousands at Sefika Complex, where the event was held. Two fortunate Letshego customers, who were randomly selected walked away thousands richer, their faces beaming with optimism. Rethabile Moeketse, spun the wheel and got the M20 000 prize while Mots’elisi Moremoholo bagged the entire M40 000. Both conveyed their gratitude to Letshego Lesotho and expressed their excitement. The money would go a long way in helping them meet their goals and cover their needs. They mentioned that they have worked with the Financial Service provider for a while and feel the mutual relationship is paying off and they feel appreciated.
The event comes after Letshego Lesotho launched the LetsGo and win loan consolidations campaign where customers were guaranteed to win weekly and monthly cash prizes of up to M150, 000. The campaign was the company’s continual effort of providing financial relief and convenience to their customers as well as to help them in breaking free from the shackles of debt.
Letshego Lesotho promises to assist its customers with debt consolidating. Debt consolidation was described as the process of taking out a single loan to pay off multiple debts. Its benefits include a potentially lower interest rate and lower monthly payments, and it also allows one to focus on a single debt at a time so as to avoid frustration caused by having to pay many debts at the same time. Letshego explained, “Customers consolidating their loans have the opportunity to access low and easy repayment with reduced rates while also putting them at a greater chance of winning weekly or monthly prizes during the course of the campaign.” The innovative campaign aims to help individuals streamline their debt management while benefiting from reduced interest rates.
The campaign which ends on the 8th November 2023, involves weekly cash prizes of up to M10, 000 which will be won by lucky customers which will be randomly selected and notified through Letshego Radio Shows. In addition, two lucky customers, similar to the recent event, will be randomly selected each month and given a chance to spin the wheel of fortune with a chance to receive a maximum of M40, 000 each.
The loans consolidation campaign makes it easier for customers to choose Letshego Lesotho as their preferred financial services partner. 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’s Lesotho Chief Executive Officer, Selloane Tsike said, “We understand the challenges that borrowing customers face when juggling multiple loans. Our loan consolidation campaign is designed to provide a holistic solution that simplifies repayment and potentially reduces interest rates for customers. We are excited to give our customers a chance to not only improve their financial well-being but to also win cash prizes as a token of our appreciation for choosing Letshego Lesotho as their financial services partner of choice.” The LetsGo and Win campaign is aligned with Letshego Lesotho’s vision to offer competitive product offerings that cater to the evolving needs of its customers.
Letshego Lesotho’s Head of Sales, Distribution, Product and Marketing, Motebang Moeketsi stated, “Managing multiple 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 interest savings over time.”
He declared Letshego Lesotho is committed to delivering increasing value and efficient solutions to customers and this program is a testament to that commitment. “The campaign is dedicated to increasing financial inclusion, promoting financial literacy and delivering positive social impacts for its customers and communities”, he said.
The new consolidation campaign invites customers to take advantage of their best-in-class financial services provided through Letshego Lesotho’s branch network and digital platforms, which afford customers the flexibility and convenience to access their accounts and services anytime and anywhere. It is aligned with Letshego Lesotho’s vision to offer competitive products that cater for the evolving needs of its customers.
The Marketing Manager and Business Partner, Tšotetsi Seema, said Letshego Lesotho is committed to delivering increasing value and options to customers. “The loans consolidation campaign makes it easier for customers to choose Letshego Lesotho as their preferred financial services partner. Debt consolidation can help customers get a lower monthly payment, pay off their debt sooner, increase their credit score and simplify their life.”
He noted that Letshego Lesotho is committed to increasing financial inclusion through its efforts to serve underbanked communities, promoting financial literacy and delivering positive social impacts for its customers and communities.
The financial services company operates in Lesotho, Botswana, ESwatini, and Zambia. With the campaign ongoing, customers are advised to be on the lookout as they could be the next randomly selected winners.