Micro Loans
⏳ Coming Soon - Pending NCA Approval
What it Will Do
AI-powered micro-lending platform providing instant loans from R100 to R1,000 with transparent pricing and flexible repayment terms up to 2 months.
Planned Features
- Instant AI-powered loan approval (60 seconds)
- Loan amounts: R100 - R1,000
- Repayment terms: Up to 2 months
- Transparent 2% monthly interest rate
- No hidden fees or charges
- Flexible repayment frequencies
- Early settlement options
- Credit building opportunities
AI Approval Process
Our proprietary AI analyzes bank statements to assess creditworthiness without traditional credit bureau requirements:
- Bank statement analysis (3 months)
- Income pattern recognition
- Spending behavior analysis
- Affordability assessment
- Risk scoring algorithm
Development Stage
Status: Development Complete - Preparing Regulatory Application
Compliance: NCA (National Credit Regulator) application to be submitted October 2025
Technology: Fully built and tested AI lending platform
Security: Bank-grade security and POPIA compliance implemented
Expected Launch: Q1 2026 (pending NCA approval and funding)
Regulatory Compliance
- NCA registration application in progress
- POPIA compliance implemented
- Consumer protection measures in place
- Responsible lending practices
- Transparent pricing and terms