Letshego Bank Namibia review
Updated October 12, 2026 · SumCue Editorial Team
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Our verdict
For borrowers seeking personal credit, Letshego Bank Namibia offers deduction based lending through seventeen Namibian branches. It suits public and private sector workers and small entrepreneurs wanting inclusive access backed by a long established lender.
Pros and cons
Pros
- Serves over fifty thousand loan customers across Namibia.
- Maintains seventeen branches with six full service banking locations.
- Draws on history dating back to Edu Loan Namibia in 2002.
- Supports public and private sector workers plus small entrepreneurs.
Cons
- Branch banking remains limited to six of seventeen locations nationally.
- Lending focus stays narrow around deduction at source access channels.
- Public information centres on Namibian operations without wider regional detail.
Who it suits
- Public and private sector workers in Namibia
- Micro and small entrepreneurs seeking inclusive lending
- Borrowers who prefer branch supported personal loans
Who should look elsewhere
- Borrowers seeking banking outside Namibia
- Shoppers wanting broad commercial banking choice
The company behind it
The Namibian operation is majority owned by Letshego Africa Holdings Limited, a stock exchange listed entity. It employs more than one hundred and fifty people and serves underserved mass market individuals across public and private sectors. The business runs seventeen branches nationally, with six delivering fully fledged banking services, and extends loans to more than fifty thousand customers while supporting micro and small entrepreneurs.
How Letshego Bank Namibia compares
Where Letshego Bank Namibia is available
- Available
- Namibia
Countries from the brand (Source, checked September 29, 2026)
Frequently asked questions
Where does Letshego Bank Namibia operate?+
Letshego Bank Namibia maintains seventeen branches across Namibia, with six providing fully fledged banking services. The network supports personal lending alongside broader access for customers in different regions.
When did the business start and who owns it?+
The Namibian business began in 2002 under the name Edu Loan Namibia with consumer and micro lending services. It is majority owned by Letshego Africa Holdings Limited, which is listed on a stock exchange.
What types of lending does it provide?+
Letshego Bank Namibia provides personal loans to more than fifty thousand customers. Its lending activity also supports micro and small entrepreneurs through deduction at source arrangements and other access channels.
Who does Letshego Bank Namibia serve?+
Its solutions address public and private sector individuals seeking financially inclusive options. Micro and small entrepreneurs also form part of the customer base served through its established lending models.
When was Letshego Bank Namibia founded?+
Letshego Bank Namibia was founded in 2002. (Source, checked September 29, 2026)
How can I contact Letshego Bank Namibia support?+
Letshego Bank Namibia offers support through Email, Phone. (Source, checked September 29, 2026)
Sources
- letshego.com/namibia checked September 29, 2026
Backs: Founded, Legal entity, Lender type, Loan types, Support channels
“opened its doors in 2002 as Edu Loan Namibia”
Compiled from 1 source page, checked October 13, 2026. We did not open an account.
Not confirmed yet: APR, Loan amount, Term, Arrangement fee, Credit check, Funding time, Representative example.