country | Lesotho

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Lesotho MAP financial inclusion roadmap

This roadmap document is produced as part of a series of documents in the Making Access Possible (MAP) Lesotho initiative. MAP Lesotho was conducted as a result of a formal request by the Government of Lesotho, via the Ministry of Finance in August 2013. The MAP project is formally hosted by the Ministry of Finance, […]

SADC Consumer MAP
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Jump-starting mobile money innovation for the advancement of...

A financially inclusive system serves every individual’s needs by empowering them to manage liquidity, achieve goals and face shocks, ultimately contributing to an improved quality of life. The use of formal financial services is limited in Lesotho, particularly for low-income and rural populations (69% of Basotho adults are estimated to live in rural areas [1]). […]

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The Impact of Remittances in Lesotho, Malawi and Zimbabwe

Households in sub-Saharan Africa have a long tradition of cross-border migration and associated remittances. During periods of economic or political instability, or simply when opportunities at home are scarce, the funds remitted by migrants are a lifeline that can help keep food on the table, children at school, and roofs over heads. However, from an […]

SADC Payments and Remittances
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FinScope MSME Survey Lesotho Pocket Guide

FinScope MSME Lesotho was designed to involve a range of stakeholders engaging in a comprehensive consultative process, thereby enriching the survey and ensuring appropriateness and buyin. The Ministry of Small Business Development, Cooperatives and Marketing (MSCM) is grateful to all individuals who participated in this project, including the steering committee (SC) constituting of Ministry of […]

FinScope MSME
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New Facts and Figures from FinScope MSME Survey Lesotho 2016

Maseru, 03 November 2016: FinMark Trust (FMT) in conjunction with the Ministry of Small Business Development, Cooperatives and Marketing; and the Ministry of Finance released the results of the FinScope Micro, Small and Medium Enterprises (MSME) Survey Lesotho 2016 survey results today. This was the first FinScope MSME Survey conducted in Lesotho. The FinScope MSME […]

FinScope MSME
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Shoprite Money Transfer Launched In Maseru – Allows For Re...

Johannesburg, 09 July 2015. The Shoprite Money Transfer cross-border remittances facility will be officially launched in Lesotho on Friday 10 July 2015, in Maseru by the Minister of Finance Dr. Mamphono Khaketla. This cross-border money transfer project is the outcome of FinMark Trust continuous advocacy for cheaper official remittance channels in the SADC region. It is […]

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Shoprite Money Transfer

This cross-border money transfer project is the outcome of FinMark Trust continuous advocacy for cheaper official remittance channels in the SADC region. It is a result of intensive consultations with the South African Reserve Bank, Shoprite South Africa and Shoprite Lesotho, as well as Capital Bank in South Africa to provide the people of Lesotho […]

SADC Payments and Remittances
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Lesotho corridor allows remittances at low affordable rates

Johannesburg, 03 March 2015. Remittances from RSA to the SADC region are the most expensive in the world with fees in excess of 22% for remittance value of $200. The value of remittances from South Africa to other countries in the SADC region is large and a substantial portion of these remittances is informal – sent […]

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Lesotho MAP diagnostic report

This diagnostic report forms part of a series of documents produced as part of the Making Access to Financial Services Possible (MAP) Lesotho initiative. This report applies the MAP diagnostic and programming framework to support expanding access to financial services. The application of MAP in this report considers the opportunities, challenges and scope for the […]

SADC Consumer MAP
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Lesotho MAP Qualitative Report

This document is a summary of the demand-side research that was conducted in Lesotho as part of the Making Access to Financial Services Possible (MAP) study to complement the quantitative analysis of FinScope survey data. The MAP study is conducted in a number of countries. It aims to develop, pilot and codify a toolkit of financial […]

SADC Consumer MAP
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Lesotho MAP Synthesis Report

This Synthesis note summarises the main findings of the Making Access Possible (MAP) Lesotho Diagnostic Report. The implementation of MAP in Lesotho was officially requested in August 2013 by The Government of Lesotho, via the Ministry of Finance. The MAP project is formally hosted by the Ministry of Finance, with the cooperation of the Central […]

SADC Consumer MAP
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Challenges and opportunities in promoting savings among low ...

Johannesburg, 26 February 2014: FinMark Trust, in partnership UNCDF, UNDP in Malawi and through the ‘Support to Financial Inclusion in Lesotho’ (SUFIL) recently conducted a study to comprehensively document the savings landscape in Lesotho, Malawi and South Africa. The aim of the study is to understand the challenges and opportunities in promoting savings among low […]

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FinScope Consumer Survey Lesotho 2011

Commissioned by CBL, the FinScope Lesotho 2011 survey was conducted by Ask Afrika, with funding and technical assistance from FinMark Trust. The objectives of this survey were: To measure levels of financial inclusion (i.e. the proportion of the population using financial products and services – formal and informal); To describe the landscape of access (the […]

FinScope Consumer
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FinScope Lesotho 2011

The Government of the Kingdom of Lesotho, through the Central Bank of Lesotho, recognises that the scope and efficiency of the financial sector play an important role in facilitating economic and private sector growth. In light of this, one of the main objectives of the government is to improve the reach and depth of financial […]

FinScope Consumer