IZWE is an established and well respected group in the microfinance industry in South Africa. It has a proven track record of growing its business responsibly, managing its advances book and rolling out its business model through IZWE Cash Loans.

Credit is provided through electronic banking channels to salaried employees with stable monthly incomes who would typically fit the South African Lifestyle Sector Measurements of 5 to 10.

IZWE operates as a registered micro-financier and makes non-mortgage home improvement and developmental loans currently not exceeding the R20,000 with tenors up to 36 months. Borrowers generally have household incomes of less than R7 000 per month. Loans are marketed via the branch offices in major centres (Pretoria, Johannesburg, Cape Town and Durban) and in secondary towns and rural nodes such as Groblersdal, Nelspruit, Polokwane, Bloemfontein and Pietermaritzburg as well as via mobile lending units and about 300 community outreach agents.

Qualifying Criteria

Copy of your I.D/passport, latest payslip and 2 months bank statement.