Botswana Building Society (“BBS”), led by its Managing Director Mr. Pius Komane Molefe, has been consulting Members across the country on the plan to commercialise BBS.
Do you offer personal loans?
The Society does not offer unsecured personal loans because of statutory limitations. However, there is a short-term loan which an individual can take as long as they have Paid-up shares, Subscription shares or a Fixed Deposit account. Individuals can borrow up to 75% of their investment which also acts as the loan security. A short-term loan is not a withdrawal of shares. The shares will still remain yours and are committed to their long term income earning potential.