SOUTH-AFRICA MINI-LOAN

SOUTH-AFRICA MINI-LOAN

SOUTH-AFRICA SMALL LOAN SOUTH-AFRICA MINI-LOAN SOUTH-AFRICAN SMALL CASH LOAN

In South-Africa, a mini-loan is by definition a short-term cash loan solution provided by a South-African bank or a lender to satisfy the needs of a South-African borrower and consumer who is facing imminent bills or to pay rent arrears.

In South-Africa, the mini-loan plays an important role within the South-African lending market as it consists of a financial segment that is neglected by the South-African banks and covered by specialized lenders who provide with small cash loan option.

In South-Africa, the small cash loan is usually ranging between 100 and 2000 Rand and is supposed to be repaid on a short-term basis like between one and three month depending on the South-African lender.

In South-Africa, the mini-loan is useful to people who are suffering under financial precarity and sometimes bad credit score, however borrower of such small financing facilities will have to pay higher interest rates as usual.