MASERU – Lesotho Post Bank (LPB) donated furniture to the Lesotho Defence Force (LDF) members welfare scheme office on Friday at Makoanyane arracks in Maseru.
Speaking at the handover ceremony, the bank managing director, Mr. Molefi Leqhaoe said the bank is for Basotho and therefore appealed for the support from members of the public as that would be to show patriotism which he said the army had already shown.
The office furniture included chairs, cabinets, printer and desks.
“We are partners and we are going to work together to improve the economic growth of the country. We are going to provide financial literacy to the members of LDF as it is a major challenge in the country. That would help bring economic growth by helping to create a society which does not live beyond its means,” he added.
He commended the soldiers for establishing the scheme saying that the initiative would help them access credit from the bank.
The LDF members welfare scheme was established in 2015 and registered in 2017 with the objective to enable members to borrow money from the scheme. Members are drawn from officers of all ranks.
“The bank must embark on a recruitment campaign to ensure that all LDF members have accounts with the bank. The bank should erect at least three Automated Teller Machines (ATMs) at the three barracks within the Maseru town so that they can also service officers and communities nearby.
Speaking at the same event, LPB Head of Retail Mrs. ‘Mathabo Ts’ehlo thanked the management of LDF for entrusting them with their money saying it is an honour especially since the bank has few years of existence arguing that the means growth to the bank.
He promised to ensure that army members are given preference service whenever they visit any branch by exempting them from joining the queues.
The LPB is 100 percent owned by the government of Lesotho.