Myloan Limited is a company licensed under the Financial Institutions Act 2012 and Financial Institutions (Credit Only and Deposit taking Micro Finance Institutions) (Amendment) Regulations 2018 as Credit Only Micro Finance Institution tier II and Regulated by Central Bank of Lesotho.
MyLoan Limited is an outstanding microfinance that provide low-cost loans to individuals or in groups, public servants, private sectors, tertiary students and businessmen to meet their needs. We have conducted an excellent survey to access all microfinance in Lesotho and we offer the right loan at the best rates, conditions and costs to meet the needs of our potential customers.
Myloan Limited, a credit-only microfinance company that was established in 2018 by a team of like-minded brains Mr Tjale Maila and Ms Sefakoane Letela.
Growth in just four years, Myloan limited has grown by leaps and bounds to become one of the leading credit – only MFI in Lesotho winning Diamond Arrow Award 3 times consecutively. It started as a small company with a small office in Quthing with a team of three people. Today, however, the company prides itself on having 10 branches and created employment for over 40 people.
Vision and Mission
Our vision is:
- To fasten the process of economic development in Lesotho and attain Millennium Development Goals by providing financial services to the low-income households and SMMEs.
Our mission is:
- To provide credit and other financial services to the low-income household and SMMEs.