Mzansi Micro Finance personal loans fall under the small credit transaction with loan amounts ranging between R1,000 to R10,000.This credit facility which is tailored to fit the financial profile of each potential unsecured loan applicant has repayment periods of 1, 3, 6 or 12 months.
To qualify for Mzansi loan, a customer needs to be 18 years and above, be in possession of a South African ID, present 2 months bank statements for basic salary and 3 months bank statement for commission earners. A customer should also show proof of 1 month payslip for basic salary and 3 months payslip for commission earners.
Mzansi micro finance can be contacted through the website.