Microfinance institution loans in South Africa
12 resultsFast loans from microfinance institutions with minimal requirements
Data 12 institutions · Site updated 21.09.2026 · Redirecting to the bank's official site
CZ
CreditZAShort-term Loan
PopularOn request
p.a.
RateOn request
AmountR500 – R8 000
TermOn request
OnlineSite quotes both a 5-day–6-month range and a "1–6 months" header — not reconciled by the lender0.16%/day for new customers, 0.10%/day for repeat customers, not a published APR
LP
LendPlusShort-term Loan
PopularOn request
p.a.
Approval speed:From 15 minutes
RateOn request
AmountR500 – R4 000
TermOn request
OnlineR4,000 limit is for repeat customers only — first-loan cap not publishedNo published interest rate or fee schedule — cost of credit is shown only after applying, in the personal quotation
FC
FinChoiceMobiMoney
On request
p.a.
Approval speed:Instant, in the app
RateOn request
AmountR100 – R10 000
Term1–3 mo.
OnlineRevolving credit line, repeat drawdowns within your limitNo activation fee
WG
Wonga South AfricaShort-term Loan
On request
p.a.
Approval speed:Same day, fully online
RateOn request
AmountR500 – R8 000
Termup to 6 mo.
OnlineCan run as short as 4 daysRate (5%/month) and new-customer limit are from a secondary source (CompareLoans), pending confirmation
UN
Unifi South AfricaPersonal Loan
from 8%
per month
Rate8–10.1 % per month
Amountup to R24 000
Term3–9 mo.
OnlineHigh-APR short-term creditFirst loan capped at R12,000; repeat loans up to R24,000
BD
BoodleShort-term Loan
On request
p.a.
RateOn request
AmountR500 – R8 000
Term1–6 mo.
OnlineNew customers capped at R5,000Rate disclosed two ways: up to 0.17%/day in the FAQ, 3%/month in the worked example
CF
CapfinPersonal Loan — 6 months
On request
p.a.
RateOn request
AmountR1 000 – R50 000
Term6 mo.
OnlineUp to 5% per month for the 6-month product — a monthly rate, not an APR
BK
Barko Financial ServicesShort-term Loan
On request
p.a.
RateOn request
AmountR300 – R8 000
TermOn request
Repaid as a single instalment on your next payday18+, regular income, bank statements requiredNo published rate
L24
Lime24Short-term Loan
On request
p.a.
RateOn request
AmountR500 – R8 000
TermOn request
Online5 to 90 day term0.16%/day for new customers, 0.10%/day for repeat customers
LF
Letsatsi Finance and LoanLong-term Loans
On request
p.a.
RateOn request
Amountfrom R3 000
Term7–13 mo.
Requires 3 months’ payslips and bank statementsThe lender’s own "long-term" label — actually 7 to 13 monthsNo published rate or maximum amount
AF
Atlas FinancePersonal / Short-term Loans
On request
p.a.
RateOn request
AmountR500 – R20 000
Term1–9 mo.
OnlineShort-term application specifically: 61–180 days, from 0.17%/day up to 5%/monthService fee R60 + VAT/month
CC
Cash Converters South AfricaSame Day Loan
On request
p.a.
RateOn request
AmountAmount on request
Term1 mo.
Arranged in-store, not online5% for a first loan, 3% for repeat loans within the same year — a monthly rate, not an APRPaid out onto a Cashies Card