Letshego Kenya Ltd

What Letshego Kenya Ltd does

Letshego Kenya Ltd is a majority-owned subsidiary of Letshego Holdings Limited (LHL), a Botswana-incorporated and Botswana Stock Exchange-listed (ticker: LHL) pan-African financial services group headquartered in Gaborone, Botswana. LHL was founded in 1998 and publicly listed in 2002, reaching a market capitalization of approximately LSL 8.4 billion (just over US$600 million). The group operates across 11 African countries — Botswana, Eswatini, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Tanzania, and Uganda — with Letshego Kenya Ltd functioning as a core operating subsidiary in the East African cluster.

The group's core offering is microfinance lending: loans ranging from LSL 1,000 to LSL 250,000 with repayment periods of 6 to 60 months, targeted at unbanked and underbanked individuals for livelihood improvement including business funding, housing, education, and health. Letshego's distribution network is multi-channel and built specifically for financial inclusion in low-infrastructure markets: physical branches distributed across urban and remote areas, direct sales agents extending reach into remote communities, agency banking partnerships (e.g., Faidika's 105-branch network in Tanzania, the Advans Bank Tanzania commercial banking subsidiary acquired in 2016), and the LetsGo Digital Mall (letsgo.letshego.com) as a self-serve digital channel. The underlying technology stack includes a group-wide integrated customer, financial management and reporting platform deployed across subsidiaries.

Revenue mechanics are primarily interest income from microloans, with the parent company publicly listed but not disclosing revenue in the available sources. Letshego Holdings owns majority stakes in all subsidiaries while promoting local stakeholder inclusion, and the group earmarks up to 1% of after-tax profits annually to social investment programs addressing livelihood improvement, education, and health. No headcount, financial results, or AI capabilities were disclosed in the available input data.

Name

Letshego Kenya Ltd

Legal name

Letshego Holdings Limited

Website

https://letshego.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Letshego Kenya Ltd is a Kenyan subsidiary of Botswana-listed Letshego Holdings Limited, providing microloans (LSL 1,000–250,000) to underbanked individuals across 11 African countries through branches, direct sales agents, agency banking, and the LetsGo Digital Mall.

Ownership category

akta.pro rank

Headquarters

HQ city

Nairobi

HQ country

Kenya

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Microfinance Loans: Letshego provides microloans ranging from LSL1,000 to LSL250,000 with repayment periods from 6 to 60 months. Solutions are used by customers for livelihood improvement including funding new businesses, housing, education, or improving health.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Letshego Kenya Ltd is a core operating subsidiary of Letshego Holdings Limited, a pan-African financial inclusion group. Through its parent group, Letshego Kenya offers microloans ranging from LSL 1,000 to LSL 250,000 over repayment periods of 6 to 60 months, used by underbanked individuals to fund new businesses, housing, education, and health improvements. Services are delivered via branches, direct sales agents, agency banking partnerships, and the LetsGo Digital Mall online platform.

Product overview

Letshego Holdings Limited is a pan-African financial services group focused on financial inclusion, headquartered in Gaborone, Botswana. The company operates as a unified financial services provider with subsidiaries across 11 African countries (Botswana, Eswatini, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Tanzania, and Uganda). The core offering consists of microloans ranging from LSL 1,000 to LSL 250,000 with repayment periods of 6-60 months, used for purposes including new business funding, housing, education, and health improvement. The company delivers services through multiple channels including physical branch networks, agency banking partners (such as Faidika's 105-branch network in Tanzania), and digital platforms including a Digital Mall (LetsGo). LHL owns a majority stake in all subsidiaries while promoting local stakeholder inclusion. The Group has a market capitalization of approximately LSL 8.4 billion (over US$600 million) and earmarks up to 1% of after-tax profits annually for social investment programs addressing livelihood improvement, education, and health.

Differentiator

Problem solved

Functional benefit

Brands

• LetsConnect: Contact and corporate affairs division located at Tower C, Zambezi Towers, Plot 54352, Central Business District, Gaborone, Botswana
• Digital Mall

Products and services

• Microloans Small loans ranging from LSL 1,000 to LSL 250,000 over periods of 6 to 60 months, used by underbanked individuals for livelihood improvement including funding new businesses, housing, education, and improving health.
• LetsGo Digital Mall Online digital platform accessible at letsgo.letshego.com offering customers access to Letshego financial products and services.
• Agency Banking Banking services delivered through partner agent networks to extend customer access points beyond traditional branches, including partnerships with existing agent networks for expanded geographic reach.
• Mobile Banking Mobile-based financial services enabling customers to access banking services and account management via mobile devices.

Quantifiable outcome

• Customer base grew to over 6,000 customers in Lesotho within 3 years of operations

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Advans Bank TanzaniacoreStrategic or Co-development Partner · 27 May 2016Letshego acquired 75% of Advans Bank Tanzania, a commercial banking subsidiary of Advans Group focused on microfinance. This acquisition included agency banking, mobile banking, and Bank of Tanzania approval to use Faidika's existing 105 branch network as agency points. This enables Letshego to accelerate the financial inclusion agenda in Tanzania.

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Sanlam: Pan-African financial services group operating across multiple African markets with insurance, investment, and wealth offerings; comparable in pan-African distribution scale though focused on broader financial services rather than microfinance specifically.
• Old Mutual Africa: Pan-African financial services group offering banking, insurance, and investment products across multiple African countries; comparable in multi-country African financial-services footprint though broader and more diversified than Letshego.
• Ecobank Transnational Incorporated: Pan-African banking group with presence in 30+ African countries; comparable in multi-jurisdictional African banking footprint and unbanked-customer reach, though with a broader commercial-banking focus than Letshego's microfinance specialization.
• Access Holdings (Access Bank): Pan-African banking group with operations across multiple African countries including Nigeria, Kenya, and other Letshego markets; comparable in multi-country African presence and retail-banking customer base.

Direct peers

• Co-operative Bank of Kenya: Kenya-anchored retail bank serving mass-market and SME customers; comparable as a Kenya-based financial-inclusion competitor operating in the same market as Letshego Kenya.
• KCB Group: East African banking group with retail and microfinance operations across Kenya, Uganda, Tanzania, Rwanda, and other markets; comparable in multi-country African banking footprint and customer-base overlap with Letshego's East African subsidiaries.
• Baobab (formerly MicroCred): Pan-African microfinance and digital finance group serving underbanked individuals and SMEs; closely comparable in target customer (unbanked/underbanked) and microcredit-led business model.
• VisionFund International: World Vision-affiliated microfinance network serving low-income clients across Africa and other emerging markets; comparable as a microfinance institution targeting underserved communities.
• Equity Bank Holdings: Kenya-headquartered banking group with a strong microfinance and underbanked-customer franchise across East and Central Africa, directly comparable in target market and financial-inclusion positioning to Letshego's Kenya and East African subsidiaries.
• Advans Group: International microfinance group operating across multiple African markets, including the Advans Bank Tanzania subsidiary that Letshego acquired a controlling stake in; directly comparable as a microfinance institution focused on underbanked populations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/LetshegoGroup
• Facebookfacebook.com/Letshego-Group-135270290215421
• LinkedInlinkedin.com/company/letshego-holdings-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Letshego Kenya Ltd