Micro lending institutions are a key component of the South African financial system. These financial institutions make a huge contribution towards the countrys financial reserves and status but they have also become a great source of help for many individuals and families. One of those institutions making a difference is Izwe loans. Izwe means power to the people.
Established in 2004, Izwe is a specialist finance company targeting the formally employed market with an unsecured, salary based term loan offering.This firm came on the scene with a mission of putting financial power in the hands of people and has since gone on to establish operations in South Africa, Ghana and Zambia.
The Izwe personal loans have been tailored to assist individuals and families meet expenditure such as home renovations and building, consolidating debts, paying for education fees and medical expenses.
These unsecured loans are offered up to a maximum amount of R50,000 with maximum repayment period of up to 60 months.The instalment amount and interest rates are fixed over the term of the loan.This money is also deposited directly into your bank account allowing you to access the cash quickly.
To qualify for Izwe finance, one needs to be 18 years and above, be in possession of a South African ID, show proof of residence and have a bank account.
Izwe loans can be contacted on 0102067400.