Makala Finance specialises in payday loans and that offer loan amounts to a maximum of R2,000. They do not offer any loan terms and they will only consider occasional solutions to existing clients that are in good standing. They operate in metropolitan areas only and currently they cover Cape Town, Durban, Pietermaritzburg and Gauteng.
For the benefit of taking up alone with Makala Finance is that you will have a paperless environment, thereby making the entire process very easy. An application takes around two hours to be approved, and this means that the money can be paid into your bank account the same day.
You can apply online for a loan by simply entering your personal details and answering a few short questions about your profile. You will also need to provide the details of your employment as well as your income, and choose the amount that you would like to qualify for. You will have an outcome to your application. In two hours and if your application is approved before 10 AM in the morning the money will usually reflect the same name, your bank account.
You can choose to renew your loan every month and as long as your loan is repaid in full even have a loan taken out every month to cover unexpected expenses. If you don’t have time to apply online you can download the application form and completed. We have time and simply send it through to Makala Finance via fax or email.
Their contact details are as follows:
Head Office: Unit C35, Lone Creek
Waterfall Office Park
Telephone: 086 750 0358
011 312 7741
083 775 5305