Countries / Lesotho

Loan management software in Lesotho

For money lenders and microfinance companies in Lesotho: borrowers checked by ID document number, phone numbers in +266 form, money in Lesotho Loti (M) and reports you can hand to your regulator, on a phone or a computer.

Money

Lesotho Loti (M)

Phone numbers

+266, like 5012 3456

Borrower ID

ID document number

Region

On every borrower's address

Plans

From $39 a month, in US dollars

A M4,000.00 loan at 5% a month, flat, over 3 months: three instalments of M1,533.33 (the last M1,533.34), M600.00 interest. The rate is only an example: you set your own.

Reminders and receipts can go out by text through a provider in your country, which we connect for you. You pay for Spindle Loans in US dollars by bank transfer; your system opens the day the money arrives.