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, […]
Thala Boliba
It is a daily transactional account that allows overdraft facility, flexible for withdrawing and depositing. This account can be opened for personal and business use.
Molula Qhooa
Molula-Qhooa is a reasonably cheap, self-controlled way of saving and growing your investment over a fixed term for a specific goal with an affordable monthly deposits. The interest rate is fixed, favourable and increasing depending on the term of the […]
Bolibeng Funeral Scheme
It is a funeral scheme that Boliba Savings and Credit (BSC) offer customers to provide financial cover during loss of a family member or his/her dependants. The funeral scheme allows you to cover your immediate family. In addition you have […]
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
Latest News
Cleaning campaign- sponsorship
The Prime Minister, Dr Moeketsi Majoro on Friday launched the ‘Operation Hloekisa Lesotho’ cleaning campaign in Maseru. The Operation Hloekisa Lesotho campaign is intended to beef up all efforts aimed at keeping Lesotho clean. Speaking during the launch, Dr Majoro
The Ministry of Education and Training Lesotho-sponsorship
Boliba savings and credit donated 3 smart phones to the ministry of education and training for best performing Lesotho General Certificate of Secondary School (LGCSE) and Junior Certificate (JC) students. “Education is the passport to the future, for tomorrow belongs