If you need a quick loan to cover short-term expenses, you may want to consult Mzansi Micro Finance to see how they can help you with your financial needs.
What is Mzansi Finance?
Mzansi Micro Finance is a lending company providing personal loans to citizens of South Africa. The company was founded in 2010 with the aim of providing quick cash to South Africans within the day. They offer the best financial solution that’s right for the budget and goals of their clients.
Mzansi Micro Finance also accepts applications from blacklisted clients. Even if you have a bad credit history, Mzansi Finance will still look into your request as long as you satisfy their minimum requirements.
You can use the borrowed money to buy an appliance, pay your bills or school fees, or settle other debts you have.
Getting Your Loan
Mzansi Finance’s goal is to make loan request easy and convenient to all South Africans. By providing an online loan application service, they’re able to reach more customers and provide quick response to loan requests.
If you can’t reach them online, you can also send your application form through email or fax. A team of experienced consultants will assist you and get you the best deal from Mzansi Finance.
After submitting the form and other required documents, they’ll begin processing your application. Expect to receive a quick response from them within the day. Once approved, you’ll receive your money within 24-48 hours.
Interest & Fees
Mzansi personal loans range from R1 000 to R10 000. The repayment terms, service fees, and interest rates vary, depending on your credit rating and financial capability.
Repayments can be done in 1-12 months, depending on your ability to pay.
The bank account you’ll be providing them should be the same account where your monthly salary is deposited. Repayments will be automatically debited from this same bank account every payday or as scheduled based on the agreed terms.
A shorter repayment period will mean larger instalments but lower interest rates. This is better than prolonging your repayment term which is usually accompanied by increasing interest rates. Remember that Mzansi personal loans are short-term loans meant to be paid within a limited timeframe.
To avail Mzansi loans, you be at least 18 years of age and a South African citizen. You should also pass the following documents listed below.
- ID book
- Payslips from the past 3 months
- Bank statements for the past 3 months
Submit these documents together with your application form to avoid delays in the processing of your loan request.
If you can’t visit their website, you can still apply for their Mzansi loans by connecting with them through the following avenues:
Phone: 011 396 2871
Fax: 086 741 9009
You don’t have to visit their office to apply. But if you’d like to, here’s their address and office hours.
Office Address: Shop 2, Pomona Road, BP Centre, Pomona Estates, Kempton Park, Gauteng, 1619, South Africa
Monday to Thursday: 8:00 AM to 5:30 PM
Friday: 9:00 AM to 5:30 PM