Microfinance institution loans in South Africa
17 resultsFast loans from microfinance institutions with minimal requirements
Data 17 institutions · Redirecting to the bank's official site
CD
CreditDeals.ioLoan Matching Service
PopularOn request
p.a.
Approval speed:Matching takes less than a minute; lender decision time varies
RateOn request
AmountR500 – R500 000
TermOn request
OnlineFree matching service — CreditDeals.io is not a lender or credit providerOne application may be shared with credit providers and networks so they can assess it and make offers
Short-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
Short-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
Short-term Loan
On request
p.a.
Approval speed:From 15 minutes
RateOn request
AmountR500 – R4 000
TermOn request
OnlineSame site template and R500–R4,000 range as LendPlus — appears to be the same underlying platform under a different brandNo published interest rate or fee schedule — cost of credit is shown only after applying
Short-term Loan
On request
p.a.
RateOn request
AmountR500 – R4 000
TermOn request
OnlineNo published interest rate — site states cost is "initiation fee + monthly service fee + interest, calculated based on loan amount and duration," disclosed in the loan agreement before signingLegal entity is ClearWave Innovations (Pty) Ltd, trading as Jabulani Money
FA
FASTAFASTA Cash Loan
PopularOn request
p.a.
Approval speed:Decision in minutes; payout timing depends on verification
RateOn request
AmountR800 – R15 000
Term1–6 mo.
OnlineNCRCP10591Minimum monthly income R6,000
MobiMoney
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
Personal 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
Short-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
Personal 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
Short-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
Short-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
Long-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
Personal / 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
PL
Protea LoansPayday Loan
up to 3.2%
per month
Approval speed:Usually paid the same business day after approval and verification
Rateup to 3.2 % per month
AmountR500 – R4 000
Term1–3 mo.
OnlineNCRCP9500Typically due on the next payday