MPOWA

Minimum loan amount: R500
Maximum loan amount: R2500
Loan term: Up to 45 days
Interest rate: 0.17% per day | 5% per month (3% for subsequent loans)
Service fee/s: R60 per month
Initiation fee: R165 plus VAT on loan amount up to R1000, thereafter 10% per R1000
Availability: 24/7/365
Documents required: Payslips OR bank statements

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Be over the age of 18 years
A valid South-African ID number
A valid South-African bank account
A valid South-African mobile number
Proof of your income, via bank statement OR payslip not older than 60 days