Massive prizes from Lesotho Post Bank!

MASERU – IT pays to bank with Lesotho Post Bank.
That proved true last Saturday when the bank disbursed about M500 000 worth of prizes to 35 individuals who have been using the bank’s mobile wallet application called Khetsi.

Khetsi gives the bank’s clients access to small interest-free loans.
The application allows clients to borrow a maximum of M500 from a facility called Nano loans.
Customers only pay a nominal administration fee.

The Marketing Manager of Lesotho Post Bank, Tlali Kele, said the competition began on May 17 this year when the product was launched and ended on September 20.
Kele said the competition was designed to take only three months but they extended it to September so that more people could be included.
He said the competition included payments for electricity, water, DSTV and Land Administration Authority (LAA) bills through Khetsi.
“We were looking for people who transacted over M500 for this period of the competition,” he said.

Kele said the prize galore included 10 heaters, 10 defy microwaves, three washing machines, a TV set, two fridges, four blankets, four grocery vouchers and Post Bank hampers.
He said the draw was done through a lottery so that they could give the people the same value without discriminating who transacted more than who.

He said the competition was a success and all the contestants showed up apart from three people who were due to receive their prizes.
“But we will continue calling them so that they can receive their rewards too,” he said.
Kele said they did this in appreciation to their clients who had committed themselves to using a new product even though they knew very little about how it worked.

The manager said the response from clients was very positive as they now have 55 000 subscribers.
Kele said their target is to have 100 000 subscribers by the end of the year.
“We now have 150 agents across all the districts except Butha-Butha,” he said, saying they are striving to make in-roads into the district.
He said Khetsi was launched to make sure every person had access to financial services.

’Mamaime Motanyane, who won a washing machine, said she started using Khetsi when it was launched in May.
She said she used it mostly to pay electricity, water and DSTV bills.
Motanyane said the machine will help lessen the burden of work.
“Over the weekend I have to hire people to do laundry because I am working so this machine is going to save my time and money,” she said.
She added that she pays around M200 monthly for people who are doing the laundry.

Retšelisitsoe Mohapi from Leribe who won a fridge explained that the fridge is of more importance to him since he stays with his family, a wife and two children.
He said his smaller fridge had been restricting him from buying monthly groceries in bulk to meet the family’s needs for the month.
“I will now be able to budget effectively to save the family money,” he said.

Refiloe Mpobole