{"id":8967,"date":"2020-05-19T12:16:59","date_gmt":"2020-05-19T12:16:59","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=8967"},"modified":"2020-05-19T12:16:59","modified_gmt":"2020-05-19T12:16:59","slug":"letshego-extends-3-month-loan-repayment-holiday","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday","title":{"rendered":"LETSHEGO EXTENDS 3-MONTH LOAN REPAYMENT HOLIDAY"},"content":{"rendered":"<p><strong>AfricaPress-Tanzania:<\/strong> LETSHEGO Bank Tanzania has extended a three-month loan repayment holiday to its customers to help them cushion the impact of the disruption caused by Covid-19, a severe flu related pandemic that continues to wreak havoc to businesses and life patterns globally.<\/p>\n<p>Briefing the media in Dar es Salaam about the decision yesterday, the Chief Executive Officer (CEO), Mr Andrew Tarimo said, \u201cCoronavirus is a global crisis that has hit businesses hard without it being the fault of the business community.<\/p>\n<p>It is therefore our obligation to ensure we continue to coexist with our partners during this difficult time of doing business.\u201d<\/p>\n<p>He said the relief was effective from April 1, this year and will run for three months, meaning up to the end of June.<\/p>\n<p>The CEO further called on their customers to contact Bank officials for assessment and restructuring of their loan portfolios.<\/p>\n<p>He explained furthermore that hardest hit were SMEs in the tourism, education and travel sectors as well as the hospitality industry.<\/p>\n<p>\u201cAs a Bank, we felt that we needed to deliver this benefit in order to allow businesses to continue operating efficiently,\u201d Mr Tarimo said.<\/p>\n<p>The bank Chief\u2019s reiterated that Letshego Bank Tanzania was committed to continue providing retail and business financial services through physical presence, strategic alliances and digital platforms.<\/p>\n<p>He explained that their customers can still apply for loans through their Call Centre, WhatsApp for business and Web applications, the Bank keeps a presence on Instagram and Facebook.<\/p>\n<p>The same platforms too have more information on the Bank\u2019s business continuity programmes during this shaky period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AfricaPress-Tanzania: LETSHEGO Bank Tanzania has extended a three-month loan repayment holiday to its customers to help them cushion the impact of the disruption caused by Covid-19, a severe flu related pandemic that continues to wreak havoc to businesses and life patterns globally. Briefing the media in Dar es Salaam about the decision yesterday, the Chief [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":8954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[3505,2322,3506],"class_list":["post-8967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-andrew-tarimo","tag-covid-19","tag-letshego-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>LETSHEGO EXTENDS 3-MONTH LOAN REPAYMENT HOLIDAY - Tanzania<\/title>\n<meta name=\"description\" content=\"LETSHEGO Bank Tanzania has extended a three-month loan repayment holiday to its customers to help them cushion the impact of the disruption\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LETSHEGO EXTENDS 3-MONTH LOAN REPAYMENT HOLIDAY\" \/>\n<meta property=\"og:description\" content=\"LETSHEGO Bank Tanzania has extended a three-month loan repayment holiday to its customers to help them cushion the impact of the disruption\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-19T12:16:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/66d20c172383bac6863ca4cc6a39029f.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"421\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"LETSHEGO EXTENDS 3-MONTH LOAN REPAYMENT HOLIDAY\",\"datePublished\":\"2020-05-19T12:16:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday\"},\"wordCount\":269,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/66d20c172383bac6863ca4cc6a39029f.jpg\",\"keywords\":[\"Andrew Tarimo\",\"COVID-19\",\"Letshego Bank\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/letshego-extends-3-month-loan-repayment-holiday\",\"name\":\"LETSHEGO EXTENDS 3-MONTH LOAN REPAYMENT HOLIDAY - 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