ABOUT
Boliba Savings
& Credit Background
Boliba Savings and Credit was established under The Cooperative Act No. 6 of 2000 under Registration Number 1544. It is the trading arm of Boliba Multi-Purpose Cooperative. Individuals from the defunct Lesotho Bank (in liquidation) and some local businessmen joined forces and formed a cooperative with the sole purpose of soliciting deposits and offering credit to its members. The cooperative has ...
Vision Statement
To develop continually as a forward-looking cooperative with competent and committed professionals of high ethical standards, and to become Lesotho’s preferred development finance partner by supporting employment creation and poverty eradication in Lesotho.
Mission Statement
BSC’s mission is to provide competitively priced,tailor-made financial,technical and advisory solutions to Basotho and viable local enterprises as a catalyst of economic development.
Core Values
The values that the staff of BSC embraces in the execution of their duties reflect the pivotal role the cooperative plays in the development of Lesotho. The values BSC will adopt are known by the acronym I-CREDIT, depicting one of the core objectives of the cooperative which is the provision of short, medium and long term credit as a tool for achieving developmental grown.
I-CREDIT
- Integrity
- Client Focus
- Recognition
- Effectiveness
- Deligence
- Innovation
- Team Work
Products
Personal Loans
This is a credit facility designed to meet various personal needs. The loan can be a short term up to 6 months or a long term up to 60 months. A personal loan can be used for paying school fees, […]
Business Loans
A facility granted to customer for business purposes. The loan term ranges from 3 months to 36 months depending on the nature of business. Requirements: Application letter Business’s financial statements Interest to be linked with prime rate. Repayments per agreement
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