PSCCS is legally registered as Phuthalichaba Savings & Credit Cooperative Society (Ltd). It is one of the fastest growing cooperatives which is set to change the status quo in Lesotho's financial landscape! Phuthalichacha opened registration for membership in December 2019.
By end of January 2020, Phuthalichaba reached the total of 53 members and could then operate as an official Financial Cooperative as per regulations of the cooperatives in Lesotho. By end of March, this cooperative had reached the total of 87 registered members. With 17% average growth of 17 %- 20% monthly, we strive to reach over 1000 members by December 2022.
To become a member, follow the registration link for a short and simple process. By registering, you agree to the all the terms and conditions that are detailed in the membership agreement page.
Phuthalichaba is a paper free coorporative society. All transactions are electronic and through a bank, including borrowing and lending [ permanent records of transactions remain with the bank, therefore such transactions are traceable ].