Thobela Pawnshop
Pawnshop in Tlokweng, south-east Botswana
Pawn shop · Tlokweng
Not yet confirmed by the owner
Thobela Pawnshop is a pawnbroking business in Tlokweng, the large village that adjoins Gaborone to the east in south-east Botswana. A pawnshop lends money against goods that the borrower leaves as security. If the loan and its charges are repaid within the agreed period the goods are returned; if not, the lender may sell them. In Botswana, businesses in the non-bank financial sector must be licensed or exempted by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), which licenses pawn shops as lending businesses other than micro-lenders. Tlokweng lies across the Notwane River from Gaborone and falls under the South East District Council. It is the home of the Batlokwa, had 35,982 residents at the 2011 census and is counted as part of the Gaborone urban area. The road east from the village runs about 15 km to the Tlokweng Gate border crossing into South Africa. The business has not published its loan terms, charges or opening hours on a website, so phoning before visiting is advisable.
8X95+5M7, Tlokweng, Botswana
Tlokweng
24°40′55″S 25°57′33″E
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