As part of the restructuring of Capricorn Investment Holdings (Botswana) (Pty) Ltd (CIH), all the business in the books of Peo Micro and Penrich Employee Benefits, which are subsidiaries of CIH, have been transferred to Bank Gaborone Limited which is also a subsidiary of CIH. This has been done to enable CIH to offer better and improved services to all CIH customers.

Peo is a division of Bank Gaborone which offers unsecured loans to individuals through scheme agreements. Peo has entered into agreements with a number of organizations to enable access for their employees to the unsecured loan facility and other Bank Gaborone products and services.

For more info please email us at Peo@bankgaborone.co.bw

Loan types

1. Short Term Loan P 200.00 - P 10, 000.00 payable in 6 months
2. Long term Loan P 20, 000.00 – P 75 000 payable in 12-60 months

Requirements

1. Certified copy of Omang or Passport or renewal receipt from the Department of National Registration
2. Latest original pay slip (If you are earning overtime or any allowances, 3 most recent original pay slips are required)
3. Latest original bank statement reflecting the most recent salary deposit
4. Persons married in Community of Property must be accompanied by their spouse when applying or provide a written consent signed by the spouse
5. Non-Botswana citizens must provide written certified copies of their employment contract, work permits and residence permits (valid for a minimum period of two years)
6. Applicants must be between 21 and 58 years of age.

Fees and Charges

1. Competitive interest rates
2. Affordable fees and charges

Benefits

1. Loan Consolidation Service available
2. Loans paid in less than a week
3. Free Funeral Cover