As the economic situation in Zimbabwe worsened in recent years, thousands of Zimbabwean nationals have made their way into South Africa to try to make a living.
Life can be unpredictable and some of these people have found themselves facing financial challenges due to unexpected expenses, such as funeral costs, repatriation costs or emergency medical expenses. During this time it can be challenging to get access to finance through traditional lending institutions like South African banks.
For this reason, many individuals turn to specialist lenders offering loans for Zimbabweans in South Africa.
These institutions offer much-needed reprieve for Zimbabwean nationals by providing access to flexible loan solutions with simple terms and repayment options.
Cash Loans ZA
Cash Loans ZA is s financial services provider offering personal loans, vehicle finance, consolidations loans and payday loans. The lender provides these services to South Africans as well as to passport holders with a valid work permit in South Africa.
This makes it easier to gain access to loans for Zimbabweans in South Africa.
Up to R20 000 in finance is offered, with 24 months to pay. Interest rates are fixed, so borrowers have the benefit of having fixed monthly instalments.
What are the qualifying criteria?
- Provide 3 months’ bank statements
- Provide your latest payslip
- Provide proof of your employment contract
Visit www.cashloansza.com for more information
SA Personal Loans
SA Personal Loans is a lender that offers Zimbabweans currently working in South Africa access to simple and convenient loan solutions.
With a quick and easy application process, SA Personal Loans provides loans for Zimbabweans in South Africa who have a legal working permit and who are working full-time in South Africa.
The institution isn’t a direct lender, but facilitates the application process for loans of up to R20 000or more.