Also known as: Entrépo Finance
Entrépo — microlender 55.5% owned by Capricorn Group, halted new loans after government ended payroll deduction system in November 2025.
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Windhoek Observer
Entrépo experienced lower loan uptake following discontinuation of its automated Payroll Deduction Management System
“Gross loans and advances declined to N$51.5 billion from N$52.5 billion, reflecting softer loan demand in Botswana and lower loan uptake at Entrepo following the discontinuation of its automated Payroll Deduction Management System.”
Capricorn Group profit falls 6.4% to N$1.87bnThe Namibian
Entrépo Finance is an innovative financial services group providing lending and credit protection products to government employees in Namibia
“The group also has investments in other businesses, including Entrépo Finance, an innovative financial services group that provides lending and credit protection products to government employees in Namibia.”
Capricorn Group Building Value for GenerationsThe Namibian
Entrépo Finance is no longer granting new loans
“Entrépo Finance has confirmed it is no longer granting new loans, while its majority shareholder, Capricorn Group, says the company is under pressure to adapt to a new operating environment.”
Entrépo microlender freezes loans after government payroll changeThe Namibian
Entrépo is seeking leave to appeal to the Supreme Court
“The company is seeking leave to appeal to the Supreme Court after the High Court dismissed its application to have finance minister Ericah Shafudah held in contempt of court.”
Entrépo microlender freezes loans after government payroll changeThe Namibian
Entrépo held 28.1% share of term lending market
“Letshego Micro Financial Services held the largest share at 28.8%, followed closely by Entrepo Finance at 28.1%.”
Namibians borrow less but loan sizes riseThe Namibian
Entrepo Finance holds 28.4% of Namibia's N$7.8-billion microlending industry
“As of last October, a quarterly report by the Namibia Financial Institutions Supervisory Authority (Namfisa) showed that Entrepo Finance and Letshego Micro Financial Services each hold 28.4% of Namibia's N$7.8-billion microlending industry, dominating a market shared by 949 lenders.”
Namibians among most debt-shy in regionThe Namibian
Entrépo challenged the move as irrational
“Entrépo challenged the move as "irrational", arguing it would cripple the industry.”
Cash loans lose N$200m in 3 monthsThe Namibian
Entrépo alleged it was locked out of the system with 70,000 deductions unprocessed
“Entrépo returned to court in December, alleging it was locked out of the system and that 70 000 deductions remained unprocessed.”
Cash loans lose N$200m in 3 monthsNew Era
Entrépo Finance seeks leave to appeal to the Supreme Court the High Court's dismissal of its contempt application
“Entrepo seeks leave to appeal the High Court's dismissal of its application that sought to find the finance minister Ericah Shafudah in contempt of a court order.”
Entrepo takes payroll fight to Apex CourtThe diversified financial services group's profit after tax declined 6.4% to N$1.87 billion for the financial year ended 30 June 2026, amid higher funding costs and weaker economic conditions in Botswana, though non-interest income rose 8.3% to N$2.62 billion.
18 September 2026 · Windhoek Observer →
The diversified financial services group's profit after tax declined 6.4% to N$1.87 billion for the financial year ended 30 June 2026, amid higher funding costs and weaker economic conditions in Botswana, though non-interest income rose 8.3% to N$2.62 billion.
18 September 2026 · Windhoek Observer →
Capricorn Group's Social Value Report 2026 documents how the group and its subsidiaries invested N$29.3 million during the financial year ending 30 June 2026 in corporate social investment and sponsorship initiatives focused on education, community wellbeing, economic participation, sport and sustainable development across Namibia and Botswana.
12 September 2026 · The Namibian →
The Capricorn Group and its subsidiaries invested N$29.3 million in corporate social investment and sponsorships across Namibia and Botswana during the 2026 financial year, with outcomes including 11,392 people receiving regular meals and 35,000 children benefiting from early childhood development materials.
10 September 2026 · Windhoek Observer →
Capricorn Group, listed on the Namibia Securities Exchange, has grown as a diversified financial services group over more than four decades with operations across Namibia and Botswana, including Bank Windhoek, Bank Gaborone, Capricorn Asset Management, and Capricorn Private Wealth.
9 August 2026 · The Namibian →
Entrépo Finance, a microlender that relied on government payroll deductions for civil servants, has stopped granting new loans after the Ministry of Finance ended its payroll deduction management system in November. The company, 55.5% owned by Capricorn Group, has retrenched close to 20 employees and has not approved a new loan in more than six months, according to sources.
6 August 2026 · The Namibian →
Namibians are taking fewer loans from microlenders, but the average loan size is increasing. According to Namfisa's latest quarterly report, the average term loan rose to N$25,620 and payday loans to N$4,030 in the first quarter of 2026, though the overall microlending loan book declined 3% to N$7.3 billion.
2 July 2026 · The Namibian →
Household debt in Namibia stood at 30.7% of GDP in 2024, the second-lowest in the Common Monetary Area after Lesotho's 17.2%, according to the Bank of Namibia's financial stability report. Despite N$130 billion owed overall, the central bank notes the low ratio suggests contained indebtedness, though continued monitoring is important given subdued income growth.
6 May 2026 · The Namibian →
The Namibian Financial Institutions Supervisory Authority reports that Namibian microlenders lost about N$200 million in three months after the Ministry of Finance discontinued the Payroll Deduction Management System, reducing total consumer debt to N$7.5 billion. Term-loan disbursements fell 73.5%, though the number of borrowers increased 16.3% and payday lending rose 11%.
31 March 2026 · The Namibian →
The Capricorn Foundation has committed N$1.6 million to three education initiatives: Amos Meerkat Syllabus (N$600,000), EduVision Online Learning (N$609,744), and Karstveld Academy (N$423,330). The projects support early childhood development, online lessons in secondary schools, and student bursaries, with a focus on closing education gaps between rural and urban areas.
4 February 2026 · New Era →
Microlender Entrepo Finance is seeking leave to appeal to the Supreme Court after the High Court dismissed its application for contempt of court against Finance Minister Ericah Shafudah over her alleged non-compliance with a court order requiring the continued operation of the Payroll Deductions Management System.
4 February 2026 · New Era →