Question 1

Who can apply for a micro loan?

Accepted Answer

Anyone over the age of 18 who has a valid South African ID, has been employed permanently for the last 6 months, earns at least R3500 per month can apply for a cash loan with us. Your salary must also be paid into your account by your employer. Unfortunately we are unable to assist you if you are currently under debt review.

Question 2

What documents do I need to apply for a micro loan?

Accepted Answer

You require a valid South African ID Document, 3 months bank statements and your last 3 payslips from your employer

Question 3

How do I apply for a micro loan?

Accepted Answer

If you have access to the internet you can apply directly in this website. If not, you can phone us and we will process your application over the phone. Alternatively, you can visit one of our branches

Question 4

How long before I have the funds should my application be approved?

Accepted Answer

We always strive to process your application within one working day. One approved we will immediately deposit the funds into your bank account. It could take up to 2 days for the funds to become available depending on which bank you use.

Question 5

What will happen if I am unable to make a payment on an agreed date?

Accepted Answer

If you miss a payment, someone from our debtors department will give you a call and see if we can agree on an alternative arrangement. If we cannot reach you and you continue to miss payment, your account will be handed to an external collections agency.  We however strongly advice you to avoid this at all cost as this will lead you to be blacklisted and seriously jeopardize any future borrowing

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