Built for Botswana's licensed micro-lenders and salary-based lenders: pula books, Orange Money and bank repayments posted against the loan, and the lending record NBFIRA expects a licensed micro-lender to keep.
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Built for Lenders in Botswana
Lendbox gives a micro-lender in Botswana one pula loan ledger with accounting under it, so the record NBFIRA asks a licensed lender to keep, the schedule the borrower signs and the figures in a return all come from the same loan. See how Lendbox compares with other software for loan management.
How a Botswana micro-lender runs its book on Lendbox
Salary-based micro-lending dominates in Botswana, with repayments by deduction at source or by transfer. These are the stages a licensed micro-lender in Gaborone or Francistown already runs; Lendbox keeps them on one record per loan.
Add the borrower with the Omang number, employer and bank or Orange Money details on file, and let AI document verification check the uploaded ID and payslip before the appraisal.
Run the affordability assessment from the payslip so the instalment offered leaves the borrower with what your policy says they must keep, then price the schedule in pula with the fees itemised.
Route the loan through the approval ladder, record the payout to the borrower's bank account or Orange Money wallet, and let the general ledger post the entries on activation.
Post an employer deduction remittance as one bulk batch from the Excel template, and record Orange Money, MyZaka or bank repayments against the loan as they land. Reminders go out by SMS, email or WhatsApp.
Ageing buckets and portfolio at risk by product, branch and officer give the days-past-due figures a return is built on, drawn from the loans rather than tallied at period-end.
Lending in Botswana
Botswana licenses micro-lenders through the Non-Bank Financial Institutions Regulatory Authority, separately from the banks the Bank of Botswana supervises. The regulations set out what a micro-lender must disclose and record.
NBFIRA (Micro Lending Regulations)
A micro-lender holds a licence from NBFIRA and keeps a record of every loan, its pricing, its repayments and its arrears. Lendbox holds that record per loan, with the agreement, the schedule and every repayment and reminder attached, and a double-entry ledger with trial balance, P&L and balance sheet behind it.
Bank of Botswana
Banks and deposit-taking institutions are supervised by the Bank of Botswana. Lendbox serves the credit side of a lender rather than deposit products.
Total cost of credit on the loan agreement
Micro-lenders disclose the interest, fees and total repayable to the borrower before signing. Lendbox prints the agreement and schedule with each itemised, and the free effective interest rate calculator on this site shows what a monthly rate comes to annually.
Private credit bureaus operating in Botswana
Lenders share repayment data with the bureaus. Lendbox keeps the full repayment history per borrower, so the record you report from is the one your officers see.
Deduction at source through the employer
Many micro-loans are repaid by deduction at source. Lendbox posts an employer remittance that covers many borrowers as one bulk batch, one row per borrower, each landing on the right loan.
Sources · NBFIRA — Non-Bank Financial Institutions Regulatory Authority · Bank of Botswana · Reviewed .
Money in Botswana
The book, statements and reports run in pula. Repayments reach you by deduction at source, Orange Money, MyZaka or bank, and Lendbox records them against the loan.
Set the workspace currency to pula once and every loan, schedule, statement and financial statement follows.
Post an employer deduction remittance as one bulk batch, and record Orange Money, MyZaka or bank repayments against the loan when they land.
An affordability check reads the borrower's payslip and sets the instalment against what remains after deductions; your own staff loans sit on the same book.
Pricing
Plans are billed in US dollars by card. The pula figures below are an indicative conversion for comparing the plans with what a micro-lender spends on software today. See the full loan management software pricing in Botswana.
Prices shown in Botswanan Pula (BWP)
BWP 360
/month
Billed yearly at BWP 4,300
BWP 1,300
/month
Billed yearly at BWP 16,000
BWP 1,900
/month
Billed yearly at BWP 23,000
BWP 2,700
/month
Billed yearly at BWP 32,000
Yes. Set the workspace currency to BWP and every loan, schedule, borrower statement and financial statement is in pula. Lendbox runs the loan ledger and the accounting under it.
An officer posts each repayment against the loan when it lands, or you upload the day's receipts as one bulk batch from an Excel template. Lendbox does not connect to the Botswana mobile money services or banks, so nothing is pulled automatically.
Yes. A deduction-at-source remittance is posted as a single bulk repayment batch, one row per borrower, with a preview that flags any row that will not match before it posts.
Each loan carries its agreement, schedule, every repayment, every reminder sent and every change made, with who did it and when. Ageing buckets and portfolio at risk give the arrears figures a return is built on. You present them in the form the return takes; Lendbox does not file it.
The affordability tab on a loan reads the payslip, including by AI import, and compares the proposed instalment with what is left after the deductions you enter. Botswana's statutory lines are entered by you; there is no Botswana payroll preset yet.
Basic suits a one-branch micro-lender with one staff login; Business and Growth add branches and staff. The charge is in US dollars by card, and the pricing grid on this page shows the pula equivalent at an indicative rate, with the dollar amount being what reaches your card statement.