PHUTHALICHABA IS A NAME OF A NEW FINANCIAL COOPORATIVE TO BE INCUBATED UNDER THE NUL INNOVATION HUB.

 

Highly excited prospective members of the new financial cooperative to be incubated under the NUL INNOVATION HUB voted on the name.

The name chosen was PHUTHALICHABA.

Prospective members, who are about 300 at the moment (the number is growing fast), were given a chance to vote in WhatsApp groups. In just 30 minutes, they came up with different names and then voted on the best name.

PHUTHALICHABA won the race and no other name even came close.

Viva PHUTHALICHABA Viva!

The name could have won the race for obvious reasons.

PHUTHALICHABA is likely to be a game changer. It is meant to be Lesotho's first financial system truly owned by the masses (ke Phuthalichaba).

To be bred under the NUL INNOVATION HUB, it will strive to be "innovative" in the business of financial cooperatives. "We hope to harness the best minds to make it a truly transformational financial institution for Lesotho," proponents say.

Most important of all, it will seek to invest in the many innovative NUL INNOVATION HUB startups that are themselves game changers.

With PHUTHALICHABA, It's no longer business as usual.

If you have a bank account, and you can afford to pay a minimum of M50 a month, you are ready to join the revolution. Then send your whatsapp numbers here +266 56322869.

Every Mosotho can join.